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Greenleaf: Without Certainty Hiring is Too Risky

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    Greenleaf Book Group CEO Clint Greenleaf breaks down his biggest concerns over hiring and the Bush tax cuts.

  • Duration 3:30
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In this country the unemployment rate has jumped back up to eight point 2% but the jobless rate.

Among twenty to 24 year -- is even worse thirteen point 3%.

Three consecutive months apart jobs reports -- And now we're looking for a way to reverse the hiring trends let's ask a small business leader Clint Greenleaf as the CEO creamy but grouping -- always been talked about says.

But it didn't even want to actively look for young kids to -- -- -- school Oakland.

We -- to be able hire more young kids we actually look for the best possible qualified person for the job in theory young kids we great if we can pay him a reasonable rate the problem is new wage keeps going up makes Harden hard pressed to find somebody who were willing to take that.

Risk on our let's talk about overall does the jobs picture because what we seem to be saying now is that.

There's all this talk about -- raising the retirement age whether it's a 775.

The nation -- serious fiscal problems do you think of those spends.

When you consider whether not to make the hiring decision do you think about Washington do you think about regulation whereas you're focused.

I'm scared about Washington -- I'm scared about regulation I don't really know what's coming next so I don't wanna get a position when I can't let somebody go because of bad performance.

So my biggest fear is if I don't do good job on the hiring side I can get bitten the backside later on when they actually come -- -- relations.

-- -- let's talk about overall what's happening with regards to.

Tax cut the fiscal close -- view the clip that you all -- we're we're looking to -- to hit at the end of 2000 while there are serious concern.

There with the expiration of the bush tax cuts which are scheduled to appear.

If that goes through spending goes higher that's can be bad for business what do you say.

It's really bad because -- certainty is out there there's so many things weren't certain about -- we don't know about taxes we don't know the what's going on we're really money for all the eurozone crisis going out.

We don't know what's gonna have with regulation so because there's all this money aside when we see treasuries -- one and a half percent.

And there's really no way to -- if no one's willing to invest their money right now why should a small business invested in new employee.

What do you think that there's going to be -- hiring freeze or do you think that there's a hiring freeze right now we wait wait if -- point 2% were better than we were six months ago.

But also there's a weight issue happen.

Yeah and we keep comparing it to last three years or ten -- that we were for more stuff for the right now.

Of the wage issue is there there's concern -- what's happened money going to forward it is too many questions for me to make that big investment in new people.

Okay and we're looking at the unemployment rate as under this president one thing that we have seen is.

The youth of this country which is -- you and I began our conversation to leaving the work was giving up who thinks that as a means of a sense of that.

I think it's frustration because they try to get jobs and there's really no there's -- work outperform.

And this is -- generational idea where it's not a news of shame in going back home living with your parents playing video games and and not working hard and obviously we want -- hire the best people for the job and excellence not willing even -- an interview with makes -- heart higher.

-- right so about -- can ask get my next question are you seeing a big influx of applicants do you get overloaded.

You're a small business owner south Texas do you get overloading yourself with that we knew we had a receptionist position we had about 400 applications in the first 24 hours for that job.

Grandma great company to work for -- I think we're awesome I'm up but I think a lot -- we are your favorite but a lot of it comes from does the demand that's out there for.

OK Angela quick demand finally go let's talk about the demand the overall consumer demand -- on the front lines.

Books -- early as you can have -- focus on education but.

In your type of business is demand picking up -- demand slowing down.

I agree with its great to have you on the show it does get talked about hiring but secular -- are gonna get all of that -- and -- -- that.

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