Poll: Small biz fear health costs (Politico)

Almost half of small-business owners in the U.S. who are not hiring new employees say worries about the potential cost of health care and new government regulations are the reasons they are not hiring, according to a new Gallup Poll released Wednesday.

An overwhelming majority of small-business owners surveyed, 85 percent, indicated that they are currently not looking for new workers. Asked why, 48 percent of those not hiring said it was due to concerns about possible rising health care costs, while 46 percent said they were worried about new government regulations.

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Other concerns include worries that revenues and sales won?t justify the additional employees, 71 percent; worries about the current state of the U.S. economy, 66 percent; and worries about cash flow or the ability to make payroll, 53 percent.

Almost one in four small-business owners who are currently not expanding their workforce, 24 percent, said they are holding back from hiring because they are worried about no longer being in business in 12 months.

And while 65 percent of small-business owners said they have as many employees as they need, 29 percent said they have fewer workers than needed.

The Gallup Poll was conducted Jan. 9-13 among 600 small-business owners and has a margin of error of plus or minus 4 percentage points.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories0212_72892_html/44537463/SIG=11m1h29j5/*http%3A//www.politico.com/news/stories/0212/72892.html

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