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Tim Mullaney, USA TODAY
August 20, 2013
Small-business hiring and confidence about the future are rising, a signal of the economy's growing strength and diminishing concerns about employee insurance coverage required by the new health care law.
Job creation at small companies has almost doubled in the last six months, reaching 82,000 jobs at firms with 49 or fewer employees in July, according to payroll processor ADP. Borrowing by small businesses and sales of new franchises have also climbed, indicating business owners are willing to take on new expenses and risk.
<snip>
New research from Moody's and other economists also challenges the idea that small employers are hiring only part-time workers to avoid falling under the health care law's mandate to insure full-time workers.
.
Tim Mullaney, USA TODAY
August 20, 2013
Small-business hiring and confidence about the future are rising, a signal of the economy's growing strength and diminishing concerns about employee insurance coverage required by the new health care law.
Job creation at small companies has almost doubled in the last six months, reaching 82,000 jobs at firms with 49 or fewer employees in July, according to payroll processor ADP. Borrowing by small businesses and sales of new franchises have also climbed, indicating business owners are willing to take on new expenses and risk.
<snip>
New research from Moody's and other economists also challenges the idea that small employers are hiring only part-time workers to avoid falling under the health care law's mandate to insure full-time workers.
.