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(Zero Hedge)   Good news everyone: Small business are looking to hire. Oh shiat, wait: No one   (zerohedge.com) divider line 67
    More: Obvious, small businesses  
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3116 clicks; posted to Business » on 09 Apr 2013 at 12:05 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-04-09 10:31:24 AM
WTF is that website? And really? 0% are planning to hire? Confident with that number?
 
2013-04-09 10:51:52 AM
your blog sucks, subby.
 
2013-04-09 10:55:47 AM
Increase the tax burden on the poor and middle class.

Decrease the taxes of the rich.

Blame poor economy on small businesses.
 
2013-04-09 11:00:56 AM
I had an interview at a small business yesterday that is looking to go from 30 employees to 60 over the next 4 months.  Hysterical pants-wetting.
 
2013-04-09 11:03:05 AM
I work for a small business that was just taken over by new owners, and they're bringing in all their relatives

/so that's hiring
//kinda
///I may be out of a job soon, though
 
2013-04-09 11:12:57 AM
Yeah, I'm going to call BS on that number. 

Romney didn't get a 0% vote from African-Americans, either. At a minimum, it's within the margin of error, but given the pretty blatant right-leaning bias of the rest of the site, I'm going to go with 'the author is taking a number out of context, wildly misreading it, or otherwise skewing to say what they want it to say, rather than what it actually says'. Since, sadly, that seems to be the only way they know how to deal with numbers.
 
2013-04-09 11:16:43 AM
My girlfriend just interviewed for a position with a small business.  I know one person so that zero number is bullshiat.


Also, ZeroHedge has a demonstrated lack of understanding about job numbers.
 
2013-04-09 11:38:07 AM

whistleridge: Yeah, I'm going to call BS on that number. 

Romney didn't get a 0% vote from African-Americans, either. At a minimum, it's within the margin of error, but given the pretty blatant right-leaning bias of the rest of the site, I'm going to go with 'the author is taking a number out of context, wildly misreading it, or otherwise "unskewing" to say what they want it to say, rather than what it actually says'. Since, sadly, that seems to be the only way they know how to deal with numbers.


i.imgur.com
 
2013-04-09 11:54:27 AM

AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?


ZeroHedge is the latest and greatest front for Trickle-Down Orthodoxy and General "zOMG SOSHULIZMS!!11!1!" Pants-Wetting. It's like The Heritage Foundation, but without the politeness.
 
2013-04-09 12:10:02 PM

BKITU: AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?

ZeroHedge is the latest and greatest front for Trickle-Down Orthodoxy and General "zOMG SOSHULIZMS!!11!1!" Pants-Wetting. It's like The Heritage Foundation, but without the politeness.


plus goldbugs

/not even the bitcoiners are safe there
 
2013-04-09 12:10:58 PM

BKITU: AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?

ZeroHedge is the latest and greatest front for Trickle-Down Orthodoxy and General "zOMG SOSHULIZMS!!11!1!" Pants-Wetting. It's like The Heritage Foundation, but without the politeness.


There's also a pretty solid amount of GOLD GOLD GOLD silliness in the recipe as well.
 
2013-04-09 12:11:33 PM

dumbobruni: plus goldbugs

/not even the bitcoiners are safe there


You beat me to it.
 
2013-04-09 12:23:57 PM
So we need to institute more tax cuts, right?

That'll solve the problem?
 
2013-04-09 12:28:04 PM

AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?


Yes because President Fart.
 
2013-04-09 12:28:53 PM
Tyler Durden? Seriously?

photos1.hi5.com

"Welcome to Zero Hedge. The first rule of Zero Hedge is: you do not talk about Zero Hedge."
 
2013-04-09 12:32:08 PM
One can only presume we need moar QE, moar deficits, and moar wealth effect.

With such impeccable spelling and grammar, one can only assume the highest of academic credentials.
 
2013-04-09 12:32:08 PM

AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?


It's basically unskewedpolls.com for the investor set.
 
2013-04-09 12:41:33 PM
We're hiring a developer and just hired 2 part time and 1 full time employee.
 
2013-04-09 01:02:00 PM
There is a net 0% change in hiring expectations.  Meaning if 50% of businesses planned on hiring last month then 50% of businesses are planning on hiring this next month.

This is why Zerohedge is for retards.  It's written by a retard and consumed by retards.

Now buy more gold for the coming hyperdebtflationpocalypsepalooza.
 
2013-04-09 01:10:34 PM
Zerohedge and some others came to being during the 2008 meltdown, at the time they were a good source of information because there was so much low hanging fruit to report on. These days they've all had to modify their content to survive. Zerohedge took the looney/paranoid route others went off the rails in other ways, for example, nakedcapitalism just became a whining post for the left. Pretty much the only one I'm aware of that stayed true is calculatedrisk.
 
2013-04-09 01:23:38 PM

sigdiamond2000: AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?

It's basically unskewedpolls.com for the investor set.


So in other words, we should be expecting a boom in small business growth shortly.
 
2013-04-09 01:26:55 PM
I work for a small business. Two new hires started yesterday. This article is full of crap.
 
2013-04-09 01:29:25 PM

SilentStrider: sigdiamond2000: AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?

It's basically unskewedpolls.com for the investor set.

So in other words, we should be expecting a boom in small business growth shortly.


Actually, that's not a bad guess. More and more Americans have been paying down debt and demand is getting built up. If you have the access to credit, starting a small business would be a great move right now.
 
2013-04-09 01:29:56 PM

Snarcoleptic_Hoosier: With such impeccable spelling and grammar, one can only assume the highest of academic credentials.


I get all my investment advise from LOLcats.
 
2013-04-09 01:32:36 PM

doglover: Increase the tax burden on the poor and middle class.

Decrease the taxes of the rich.

Blame poor economy on small businesses.


i think op has shown itself.. derp on sheeple!!
 
2013-04-09 01:35:14 PM

you have pee hands: Snarcoleptic_Hoosier: With such impeccable spelling and grammar, one can only assume the highest of academic credentials.

I get all my investment advise from LOLcats.


I get sound financial guidance from youtube comments.
 
2013-04-09 01:36:38 PM
Well, do they have demand? Yes or no? If they have demand but can't hire, something's wrong. If no demand, then no need to hire.
 
2013-04-09 01:38:17 PM
We hired someone new yesterday, and have another new person starting tomorrow. I'm sure in the coming month, we'll be hiring a few more.

Commercial architecture work is booming these days.

Over an area of 43 states, this month alone: we're doing 70 hotel renovations, 40 ADA renovations, 12 new build hotels, and about 5,000 apartment rooms (some 12 projects.) Permits are being issued for about half of those in the coming 60 days, and building permits have or will be issued on another 30. Even just scored an international beachfront resort in Roatán, Honduras.

/got my quarterly bonus last week
//can't wait for next quarter's!
 
2013-04-09 01:53:31 PM

MrSteve007: We hired someone new yesterday, and have another new person starting tomorrow. I'm sure in the coming month, we'll be hiring a few more.

Commercial architecture work is booming these days.

Over an area of 43 states, this month alone: we're doing 70 hotel renovations, 40 ADA renovations, 12 new build hotels, and about 5,000 apartment rooms (some 12 projects.) Permits are being issued for about half of those in the coming 60 days, and building permits have or will be issued on another 30. Even just scored an international beachfront resort in Roatán, Honduras.

/got my quarterly bonus last week
//can't wait for next quarter's!


As a business traveler, of the four hotels I regularly stay in, three are under renovation.  One of them (a Marriott Courtyard) still looks like 1994 with it's hunter green, burgundy, and brass sconce motif.  How do they cyclically determine when to do that?  Are labor costs good right now?
 
2013-04-09 01:55:00 PM

BKITU: AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?

ZeroHedge is the latest and greatest front for Trickle-Down Orthodoxy and General "zOMG SOSHULIZMS!!11!1!" Pants-Wetting. It's like The Heritage Foundation, but without the politeness.


It's also the latest and greatest Glenn Beck-, Fox News-, and Tea Party-like apoplexy-inducer for liberal outrageoholics to get their knickers in a knot over.
 
2013-04-09 02:07:38 PM
I own a small business, and I'd hire more people in a New York second if I had the orders in place.
 
2013-04-09 02:16:56 PM

MrSteve007: We hired someone new yesterday, and have another new person starting tomorrow. I'm sure in the coming month, we'll be hiring a few more.

Commercial architecture work is booming these days.

Over an area of 43 states, this month alone: we're doing 70 hotel renovations, 40 ADA renovations, 12 new build hotels, and about 5,000 apartment rooms (some 12 projects.) Permits are being issued for about half of those in the coming 60 days, and building permits have or will be issued on another 30. Even just scored an international beachfront resort in Roatán, Honduras.

/got my quarterly bonus last week
//can't wait for next quarter's!


As someone who works at a contract/commerical carpet yarn plant, this is good news.  Contract has been keeping my company in the black these last 4 or 5 years.  I feel bad for the guys at the residential fiber plants, demand dropped drastically and has only just started to creep up a little.
 
2013-04-09 02:19:05 PM
"Submitted by Tyler Durden"

www.eeew.net
 
2013-04-09 02:19:48 PM

Rapmaster2000: As a business traveler, of the four hotels I regularly stay in, three are under renovation. One of them (a Marriott Courtyard) still looks like 1994 with it's hunter green, burgundy, and brass sconce motif. How do they cyclically determine when to do that? Are labor costs good right now?


Heh, funny you mention that. We're the prototype designer for a couple Marriott designs, including Courtyards. Typically, corporate tries to get franchise owners to renovate on a 5-7-ish year schedule. With the uber recession, they've let that slide.

Occupancy rates at most hotels these days are skyrocketing (our recent Maui project is seeing 85% occupancy since last June, when they opened). Many owners are essentially backing armored trucks to the back door each week and filling them with profits. That, with the combination of relatively cheap labor and materials, means that hotels are kicking renovations into high gear.

Also, since there's typically ~6 month lead times for these sort of projects - a lot of the renovations are coming through the pipe since owners couldn't secure financing to build new projects. In the past month, that seems to have changed. We've restarted a dozen new-build projects that were left on the shelf and have gathered dust for the past 5 years; as the owners have suddenly been able to get financing to begin construction.

We expect to see most shelved projects (ones with permits and documents approved in 2008ish) come back in the coming few months. Hopefully after that, more truly new hotel projects will start showing up. Our senior housing and "multi-family" housing (aka. apartment) departments have been quite busy for the past year, with no end in sight for potential projects. At this point, we're pretty much only limited by being able to hire enough qualified and experienced designers/architects.

It's obvious that our industry's boom cycle is just starting.
 
2013-04-09 02:20:52 PM
I work at a seattle design-build firm with 65 employees - we've hired 14 people in the last twelve months against 3 people who left. I guess they didn't survey me. To be frank it's tough to find skilled carpenters around here. Building is booming in every category.
 
2013-04-09 02:24:26 PM

dchurch0: I work for a small business. Two new hires started yesterday. This article is full of crap.


I have a new guy starting in the morning and agree completely. We've been hiring for more than a year. 2012 was the biggest year in our 20 year history and we're on track to break it this year. Oh, and the company started in 1992 with two guys and a pickup truck. That's kind of boot strappy isn't it?
 
2013-04-09 02:26:21 PM
This is a list of hotel projects we got back in October. This month's newly acquired project list is about 4x's as long and now includes Hyatt and Hilton projects:

6 Hotel renovations, now under-construction: Marriott Courtyards in - Detroit/Troy, MI; Fremont/Silicon Valley, CA; Phoenix Mesa, AZ; Sacramento/Rancho Cordove, CA; San Antonio Medical Center, TX; and Toledo Airport/Holland, OH.

And here's 28 new hotel renovation projects currently under design:
Courtyard - Detroit/Novi, MI; Cleveland Airport/North; Cleveland Airport/South; Cleveland/Independence; Cleveland/Westlake, OH; Phoenix Airport, AZ; Fresno, CA; Hacienda Heights, CA; San Francisco Airport - Larkspur and San Bruno; Cupertino; Boulder, CO; Seattle/Southcenter, WA; Toledo Maumee & Toledo Rossford, OH; Tucson Airport; Anaheim/Buena Park, CA; Bakersfield, CA; Costa Mesa, CA; Torrance/Palos Verdes, CA; Palm Springs, CA; and Pleasanton, CA.

Residence Inn - Detroit/Warren, MI

TownePlace Suite - Scottsdale, AZ

Springhill Suite - Boise, ID; Cincinnati, OH; & Columbus Airport, OH.
 
2013-04-09 02:35:05 PM

MrSteve007: This is a list of hotel projects we got back in October. This month's newly acquired project list is about 4x's as long and now includes Hyatt and Hilton projects:


And here's 28 new hotel renovation projects currently under design:
Courtyard - Boulder, CO;


That's the one I was talking about.  They needed it bad.  I'd say it's been over 10 years since that place was renovated.
 
2013-04-09 02:46:25 PM

Rapmaster2000: MrSteve007: This is a list of hotel projects we got back in October. This month's newly acquired project list is about 4x's as long and now includes Hyatt and Hilton projects:


And here's 28 new hotel renovation projects currently under design:
Courtyard - Boulder, CO;

That's the one I was talking about.  They needed it bad.  I'd say it's been over 10 years since that place was renovated.


I haven't talked with the project manager, but that baby should either be under construction right now or about to be:
sphotos-a.xx.fbcdn.net
/Pretty sure there's a lobby & ADA renovation going on there too - I'll have to check.
 
2013-04-09 02:46:51 PM
Judging by this website, the problem could be solved if people started hiring competent web designers.
 
2013-04-09 02:54:26 PM

JohnBigBootay: dchurch0: I work for a small business. Two new hires started yesterday. This article is full of crap.

I have a new guy starting in the morning and agree completely. We've been hiring for more than a year. 2012 was the biggest year in our 20 year history and we're on track to break it this year. Oh, and the company started in 1992 with two guys and a pickup truck. That's kind of boot strappy isn't it?


Depends on whether the pickup truck had a gun rack and a Bush-Quayle '92 bumper sticker on it.
 
2013-04-09 03:14:30 PM
i work at a family business that hasn't hired anyone new on the production side, but in the last year 3 or 4 new salespersons. We never laid anyone off in production over the last 3-4 years when things slowed down though. If you have good employees, hold on to them, it's actually cheaper than retraining.
 
2013-04-09 03:23:40 PM

AdolfOliverPanties: WTF is that website? And really? 0% are planning to hire? Confident with that number?


Not sure of their methodology, but as the graph has gone below zero several times in the past, it is presumably a net hiring type statistic, so presumably 0% is more or less neutral, as in just as many are planning to hire as to fire, rather than no one anywhere is hiring.
 
2013-04-09 03:47:29 PM
I hired two guys in February of this year after losing one in May of 2012, hiring two in August of 2012, losing another at the end of August 2012, and then losing one of the guys I hired in August in December of 2012.  Finding good network techs is difficult at the moment.  We were up $400k between 2011 and 2012 and it looks like we'll be up $300k or more again this year.  Of course, I was talking to my guitarist last night and the burger joint he manages is pulling numbers like they were in the 1980s, which is really bad.  He said all of the food places around town were hurting.  Nobody else seems to be.
 
2013-04-09 03:57:04 PM

whistleridge: Yeah, I'm going to call BS on that number.

Romney didn't get a 0% vote from African-Americans, either. At a minimum, it's within the margin of error, but given the pretty blatant right-leaning bias of the rest of the site, I'm going to go with 'the author is taking a number out of context, wildly misreading it, or otherwise skewing to say what they want it to say, rather than what it actually says'. Since, sadly, that seems to be the only way they know how to deal with numbers.


Well considering that it went from a negative trend to a positive trend and "right now" the trend is back to 0 I really don't see anything but a positive.
 
2013-04-09 04:01:19 PM

you have pee hands: Snarcoleptic_Hoosier: With such impeccable spelling and grammar, one can only assume the highest of academic credentials.

I get all my investment advise from LOLcats.


blogimages.thescore.com
 
2013-04-09 04:23:13 PM
The expectation to hire is a fuzzy number at best. It's a lie at worst. And the NFIB methodology isn't revealed here, I have a little peripheral experience with HR department surveys and sometimes they're just grabbing numbers to make the MBA's happy.

And I'd bet that 0% comes from the sequester. Small businesses that normally compete for government work are looking at a stoppage.

And don't forget the self fulfilling recession: Everyone is worried about a recession they save their pennies and cause a recession.

/I have to be at the gym in 26 minutes.
 
2013-04-09 04:32:37 PM

wildcardjack: /I have to be at the gym in 26 minutes.


Missing: "BUY GOLD!!"
 
2013-04-09 04:47:55 PM

AdolfOliverPanties: WTF is that website?


Was curious about that myself, so I checked out the insouciant "manifesto" link from their main menu:

http://www.zerohedge.com/about

I think that page lays out all their core principles and key differentiators.
 
2013-04-09 05:12:37 PM

Elandriel: Hysterical pants-wetting.


Or being conservative, as the pundits like to call it.

And this website seems about as credible as the Onion.
 
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