Business owners are not planning to hire and most advisers are not expecting the economy to recover next year.

According to financial advisers surveyed at PEAK's Excell national conference, 77.4% report that their business owner clients are not inclined to hire new employees in the next six months; 69.7% of advisers report that their business owner clients are not optimistic that the economy will turn around at any point next year; and 78.2% of advisers feel that extending unemployment benefits has kept unemployment higher than if they had not been extended.

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