Monday, February 14, 2011

Valentine’s Day Article Not so Sweet!

In case you missed it, the Boston Globe today highlighted the continuing volatile small business market in Massachusetts as well as their hesitancy to hire and there’s nothing sweet about what the report has to say!

In fact, a recent study conducted by Moody’s Analytics stuck Massachusetts with the highest labor costs of any states. To make matters worse, the same study estimated that the overall labor costs in the Commonwealth are close to 14 percent above the national average.

If Governor Patrick doesn’t want to take our word for it, maybe he will take the word of Donna Olson, a struggling small business owner who deals daily with the high cost of doing business in Massachusetts. Olson told the Globe, “You’re hurting the people who should be the solution to the problem. Anyone who thinks it doesn’t hurt small businesses is crazy.”

While we do recognize that the business community in the state has added jobs faster than the nation as a whole, it is time for the Governor to accept that more work needs to be done.

Click here to read the article in its entirety.