Tag: Federal Reserve

May Jobs Numbers no Surprise to Small Business: Maybe You’ll Listen Now.

Shocked?  Surprised? Not me. Only 38,000 jobs were created in May according to the Bureau of Labor Statistics.  A far cry from the anticipated 164,000.  And while the unemployment rate dropped to 4.7 percent, nearly 500,000 people simply dropped out of the labor market.  The labor participation rate now stands at 62.6 percent — a […]

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Traditional Lending is Down for Small Business: Alternative Sources On the Rise.

Analysts from the Federal Reserve Bank of Cleveland recently noted in an economic  commentary that small business lending has dropped substantially since the Great Recession. “While some measures of small business lending are now above their lowest levels     since the economic downturn began, they remain far below their levels before it. For example, in the […]

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