Small Business Sole Bright Spot for July Job Growth: Report
Small business continued to outperform its bigger brothers for the month of July, according to the ADP National Employment Report.Small businesses (fewer than 50 employees) added 50,000 jobs last month, a big jump from June's 7,000 increase, said payroll processor Automatic Data Processing (ADP), whose monthly report is based on 399,000 businesses with about 24 million workers on payrolls. Midsize businesses (50 to 499 workers), however, saw 9,000 jobs disappear, while large businesses (500-plus workers) saw a decline of 32,000 jobs. All told, the weakened economic climate continues, ADP said.
"These figures continue to offer evidence of the resiliency small-size businesses have demonstrated over the past several years when compared to the job losses experienced at larger firms," added ADP partner Macroeconomic Advisers.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
What The Business Really Thinks Of IT: 3 Hard TruthsThey say perception is reality. If so, many in-house IT departments have reason to worry. InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business views IT's performance in delivering services - and, more important, powering innovation. The news isn't great.