Business owners are not planning to hire and most advisors are not expecting the economy to recover next year.
According to financial advisors 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 advisors report that their business owner clients are not optimistic that the economy will turn around at any point next year; and 78.2% of advisors feel that extending unemployment benefits has kept unemployment higher than if they had not been extended.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access