You're watching...
FBN’s Gerri Willis on the impact of government regulations on small business and job growth.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Well despite what you -- -- can see on television all is not lost when it comes to this economy.
Even after a dismal jobs report for -- world there is some light at the end of the tunnel.
US companies posting the highest number of job openings in nearly four years a -- hiring could -- then in the coming months.
Employers advertise more than three point seven million job openings in March.
But before the confetti gets thrown there are roughly twelve million sorry twelve point seven million people unemployed.
That means an average of three and a half people competed for each job available.
Now while that's far better than the nearly seven to one ratio during the recession.
In a healthy job market that ratio is usually around two to one.
The other good news here competence among small businesses climbing in April to a fourteen month high as companies say they plan to boost hiring.
And in some states and cities that optimism is higher than in others Oklahoma City for example receiving top honors.
When it comes to running a small business the number one reason for the -- plus having the least burdensome regulations and rules.
Other highlights for Oklahoma City well hiring costs more robust networking programs.
Another big winner here Dallas Fort Worth received top marks for their regulations.
Other Texas cities San Antonio and Austin following suit.
Sacramento and San Francisco -- down on the list one example cited.
An electrician recounting a five month effort to get a permit pass to update wiring.
In a private residents think about that five months.
Albuquerque also gets -- have mainly because of rising tax rates.
As for states Idaho Texas South Carolina were ranked the best for small business owners and they are all right to work states.
-- wanna know what more evidence is needed for these other states like California New York Vermont and others to change the way they do business.
It's time for government even state government to step back and -- small businesses -- don't burden them with ridiculous regulations and troublesome tax rates.
Small businesses are the backbone of the economy as time governors and legislatures.
Grew.
