A new survey released by the National Association of Business Economics shows businesses, in general, added to their payrolls in the second quarter of 2010.
Continue Reading Below
The report showed more than 30% of the businesses surveyed added jobs, while 14% cut their workforce. That's a big change from the second quarter of last year when a mere 6% said they were hiring.
The survey also shows businesses say they will hire more employees over the next six months, which is a good sign for the economy, though access to loans remains a significant problem for small businesses.
Lawmakers continue to debate a bill designed to help small businesses recover from the Great Recession that includes a $30 billion small-business lending fund, to help spur job creation.
On Friday, President Obama told reporters, “"Ultimately, our goal is to make sure the people who are looking for a job, can find it.”
The bill would also provide businesses tax incentives to buy new equipment and increase government loan limits. Though in a Congress facing a soaring national debt, there has been slow progress on a number of these initiatives.