A recent Gallup Poll on Hiring may have some answers.
85% of those surveyed -- are most likely to say the reasons they are not doing so include not needing additional employees; worries about weak business conditions, including revenues; cash flow; and the overall U.S. economy. Additionally, nearly half of small-business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons. One in four are not hiring because they worry they may not be in business in 12 months.Always nive to sip your coffee over such rosy news. No wonder we all suffer anti-indigestion (good stock buy opportunity?)
That 24% cannot and will not hire because they fear going out of business within a year says quite a lot.
Bear in mind this is in spite of the fact that "economic confidence is approaching its highest levels in the last four years. U.S. small-business owners are also about as optimistic about their business and their future hiring as they've been at any point during that time."
Hopefully the view on the way down is nice. Those at the top can just look out their castle doors and wonder where all the help has gone! Those damn lazy serfs.