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JUL 06, 2013 - Business Insider

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The Decline Of America's Job-Creating Small Businesses

On Friday, we learned that U.S. companies added 195,000 jobs in June, which was much higher than the 165,000 expected by economists. Still, the unemployment rate remains painfully high at 7.6%, even as GDP, corporate profits, and stocks sit near all-time highs. One of the reasons for this is the decline of America's small businesses, which struggle to compete against the scale of the world's multi-national, multi-billion dollar corporations. Here's Nathan Sheets, Citi's Global Head of Interenational Economics: The travails of the U.S. small-firm sector. Our past work has emphasized the ... Read More

Tags: The Decline Of America's Job-Creating Small Businesses,  Dollar Latest News