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Thread: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

  1. #21
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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Painter View Post
    Didn't businesses get another full year extension for this? I would not expect them to lower hours a year and a half in advance.
    That's kind of an odd expectation.

    I mean if they hired full time employees today they would just have to pay additional charges for them tomorrow. Why bother?

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Dapper Andy View Post
    That's kind of an odd expectation.

    I mean if they hired full time employees today they would just have to pay additional charges for them tomorrow. Why bother?
    I can't speak for other types of business, or any big business with 50+ employees for that matter. But for my small business, if I need another employee, I hire one. And if I do not need another employee, I do not hire one.
    Taxes and expenses are NEVER the slightest consideration.
    I do not hire someone just to have them around, because I like them, or in advance of having a need for them. Either I need more people or I do not.
    I've never understood the argument about taxes and such vs hiring.
    The same happens in the reverse too... If my taxes are cut I will simply have more money, but I am not going to hire an additional employee just to sit around and talk to me. Either I have work for them or I don't. And If I do have work for them, they will be making me money regardless of what my taxes and expenses are, because my competitors will have those same expenses.
    I will not argue that it is this way for all business. But it certainly is for mine.

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Painter View Post
    I can't speak for other types of business, or any big business with 50+ employees for that matter. But for my small business, if I need another employee, I hire one. And if I do not need another employee, I do not hire one.
    Taxes and expenses are NEVER the slightest consideration.
    I do not hire someone just to have them around, because I like them, or in advance of having a need for them. Either I need more people or I do not.
    I've never understood the argument about taxes and such vs hiring.
    The same happens in the reverse too... If my taxes are cut I will simply have more money, but I am not going to hire an additional employee just to sit around and talk to me. Either I have work for them or I don't. And If I do have work for them, they will be making me money regardless of what my taxes and expenses are, because my competitors will have those same expenses.
    I will not argue that it is this way for all business. But it certainly is for mine.
    What kind of business is it?

    What's the name of your business? Where are you located?

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Painter View Post
    I can't speak for other types of business, or any big business with 50+ employees for that matter. But for my small business, if I need another employee, I hire one. And if I do not need another employee, I do not hire one.
    Many of these businesses did hire. They just hired part time employees.

    Others just stretched the employees they had.

    Taxes and expenses are NEVER the slightest consideration.
    I do not hire someone just to have them around, because I like them, or in advance of having a need for them. Either I need more people or I do not.
    I've never understood the argument about taxes and such vs hiring.
    The same happens in the reverse too... If my taxes are cut I will simply have more money, but I am not going to hire an additional employee just to sit around and talk to me. Either I have work for them or I don't. And If I do have work for them, they will be making me money regardless of what my taxes and expenses are, because my competitors will have those same expenses.
    I will not argue that it is this way for all business. But it certainly is for mine.
    Yeah but we both know that's B.S. You would be out of business almost immediately if you suddenly had to compensate your employees considerably more with no way of recouping that expense.

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Bronson View Post
    What kind of business is it?

    What's the name of your business? Where are you located?
    I am a Commercial Painting Contractor in the state of Florida.
    And I hire based on whether or not I have things to paint. If I need another painter I will hire one regardless of what the government does. And if I do not, then I will not.

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Dapper Andy View Post
    Many of these businesses did hire. They just hired part time employees.

    Others just stretched the employees they had.
    Yeah but we both know that's B.S. You would be out of business almost immediately if you suddenly had to compensate your employees considerably more with no way of recouping that expense.
    Suddenly? As in the middle of a contract? Yeah possibly.
    For the purpose of this conversation, we were discussing an 18 month notice at a bare minimum.
    I would simply start bidding jobs higher, but so would my competitors.

    Edit: To expand on this, while I am sure there are some, I can not think of a business model that differs so drastically from my own they they are completely incapable of simply raising their prices to offset any increase in expenses. After all, the important thing here is that their competitors are in the same boat.
    The only situation I can think of, is if their competition is International.
    Last edited by Painter; 08-22-13 at 02:48 PM.

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Painter View Post
    I am a Commercial Painting Contractor in the state of Florida.
    And I hire based on whether or not I have things to paint. If I need another painter I will hire one regardless of what the government does. And if I do not, then I will not.
    Do you advertise?

    I've never known a business owner who didn't factor in taxes and government regulation/expenses

    Not one

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Bronson View Post
    Do you advertise?

    I've never known a business owner who didn't factor in taxes and government regulation/expenses
    Not one
    All of the expenses you mention are "factors" to my bottom line.
    But why would I not hire a painter if I need a painter?
    Or why would I hire a painter if I did not need one?
    This would either result in me painting it myself, working weekends, and working after dark, or it would result in me having to find busy work for people I don't need.
    Why would I hire based on expense rather than based on need?

    I think you confuse the consideration of business expansion with normal business operations.
    For example, my big concern is worker's comp rates, not taxes or health care. Worker's comp rates make me think twice before taking on contracts that are larger than the scope of my experience. But they do not effect my need or lack there of for normal operations.

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Painter View Post
    All of the expenses you mention are "factors" to my bottom line.
    But why would I not hire a painter if I need a painter?
    Or why would I hire a painter if I did not need one?
    This would either result in me painting it myself, working weekends, and working after dark, or it would result in me having to find busy work for people I don't need.
    Why would I hire based on expense rather than based on need?

    I think you confuse the consideration of business expansion with normal business operations.
    For example, my big concern is worker's comp rates, not taxes or health care. Worker's comp rates make me think twice before taking on contracts that are larger than the scope of my experience. But they do not effect my need or lack there of for normal operations.
    Sorry but you just contradicted what you said previously

    Taxes and expenses are NEVER the slightest consideration.
    Do you advertise?

    What business owner doesn't want his business to grow?

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    Re: Gallup: Unemployment Rate Jumps from 7.7% to 8.9% in 30 Days

    Quote Originally Posted by Painter View Post
    I would simply start bidding jobs higher, but so would my competitors.
    OK but the question was what you would do if you weren't able to recoup the additional expenses.

    You might be able to raise prices but not everyone can. Most of these chains are in business because they're significantly cheaper then their competitors. Walmart, Home Depot, Applebees, etc. just can't raise their prices and expect to stay in business very long. You might be OK with these "evil" corporations going out of business but surely you can appreciate their own sense of survival.

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