Archives for August 2015

Lessons in Funding for Entrepreneurs

Entrepreneurs need to understand all aspects of their business in order to thrive. This includes funding and how to interact with investors and lenders. Here is an analysis of some of the most important lessons gained by successful entrepreneurs who were able to find money when they most needed it.

Tips for Finding the Right Employee

Your employees are the heart of your business, so hiring the right applicant is a huge decision you want to get right the first time. Large-platform job-search sites can generate hundreds of applicants for your opening, but you’ll need to develop a good strategy for limiting that pool if you want to find the perfect candidate. Below are five tips to help you narrow your applicant field and attract the candidates you really want.

July Unemployment Data Released

The BLS issued their “preliminary estimates” for the employment situation for the month of July 2015. The report states that there were 141.794 million jobs in July down from 142.817 million jobs initially reported in June. At the same time they revised the numbers for June up to 142.839 million making the real loss of jobs -1,045,000. See Current Employment Commentary for more information.

Unemployment rate July 2015The U.S. Bureau of Labor Statistics (BLS) also released the newest unemployment data for July 2015 today. According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for July is 5.3% the same as June but down from May’s 5.5%. The BLS reported the “Unadjusted” Unemployment Rate is 5.6% which is lower than January’s 6.1% but up from June’s unadjusted 5.5%.

Which Benefits Aren’t Benefiting Your Employees?

businesses are being forced to eliminate certain benefits in order to reduce costs so they can survive financially. This is due to increased competition, reduced market shares, and a sluggish economy. Supplemental insurance expert, William Hofto at All About Voluntary explains that voluntary benefits are a better option for most businesses and most employees, since they meet the exact needs of employees and save companies money. Here are some benefits that may be made optional in order to keep your company financially healthy.