Quote:
Originally Posted by chemgear
http://www.inews880.com/syn/98/16208...e-layoffs-cfib
More Alberta entrepreneurs are preparing to lay off workers.
After a slight uptick in previous months, the Canadian Federation of Independent Business (CFIB) says its monthly business barometer indicates small business confidence is down four points.
The CFIB says 45 per cent of Alberta businesses are preparing to let workers go in the next three months.
Only four per cent are looking to bring more staff on, compared to five percent last month.
The barometer indicates 71 per cent of entrepreneurs list tax and regulatory costs as a major constraint, while 65 per cent cite wage pressures.
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I think the retail sector is going to be hit very hard as people don't spend as much for Christmas.
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