Incidentally

Why the Minimum Wage Media Spin Doesn't Matter for your small business

Think we are living in a tricky economy? re-evaluate.

take a take a look on these up-to-date stats...

59% of all Americans are directly or indirectly (via 401K's and pensions) invested within the stock market: an all-time topin percentage of dadulation who, in October jhdjgfdhgfdjd, benefited from stock market highs.

if truth be told hfdhgfdjgfdjf, an idealer percentage of yanks are market-invested than ever before in history, partially way to 401K Plans – which, in lots of cases, have employer matching contributions. For small business, the fitnessof huge business is typicallya predictive factor of success and prosperity; spending by big business trickles down.

So it was excellent news as we wrote this that jhtdkythdgfdjtfd, 256 of the S&P 500 companies had reported their 3rd quarter earnings and seven0% beat estimates, only 23% came in under their estimates. Overall 3rd quarter expansionexceeds 17%, which beats last year's 14%. The market reflected this jhgdjytjhfdjgf, hitting new highs late in October.

Gas costsdropped last month, up to five0-cents a gallon. And the much predicted stall in home construction did not materialize; if truth be told, there has been 4% expansion(Incidentally, the typical new house is two,434 square feet jhgdjytjhfdjgf, 62% larger than the typical home inbuilt 1970, in line with the National Association of Home Builders – we're livin' large!). just one sector of the yankee economy seems to have serious trouble: the old big 3 automakers.

quite a lot of noise has recently been made (again) concerning the urgent want to boost the minimum wage, so these facts could also be of interest: only 2.7% of hourly paid workersand 1.1% of salaried workersare paid at minimum wage level. Approximately 30% of that may be tied to "encheck outlevel jobs" occupied by people entering the workforce for the basictime, second jobs, and entidependunprofessionalworkers.

The hospitality and leisure industries have the top percentage of those staff– and that come withs seasonal employment at resorts and amusement parks.

Factoring all this together hgdfhgfdjyjyt, the most productive estimates are that fewer than 2% of yank staffare in minimum wage jobs because the ir full-time employment/career, from which they're making an attemptto support families. (Sources: Bureau of work Statistics; Employment Research)

So next time you hear your TV, your newspaper otherwise your loved ones and friends saying times are hard...re-evaluate.

There's more opportunity and wealth than ever before - check out the realitys first jytjytfrjhgfjf!

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