Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Senate passes tweaked version of JOBS Act: The Senate on Thursday passed legislation that would help start-up companies raise capital by easing federal regulations, however, concerns still linger over whether it would lead to more investment abuse and scams. President Obama supports the measure, the latest version of which will be voted on next week in the House.
Labor Department releases first report on green jobs: Green jobs accounted for 2.4 percent of the nation’s total employment last year, according to the Labor Department’s first-ever survey of green goods and services jobs. In total, the United States had 3.1 million green jobs in 2010, the vast majority of them in the private sector.
Lawmakers move ahead on small business contracting bills: The House Small Business Committee on Thursday passed five small business contracting bills during a full committee markup. The bills are part of a larger initiative by the committee to help small business owners secure more government work.
Unemployment applications fall to four-year low: The Labor Department said Thursday that weekly applications dropped 5,000 to a seasonally adjusted 348,000, the lowest level since March 2008, just months into the Great Recession. The four-week average of applications, a less volatile measure, dipped to 355,000, matching a four-year low.
Keep an eye ‘on’:
Dartmouth president nominated to lead World Bank: President Obama has nominated Dartmouth College President Jim Yong Kim to head the World Bank, a move that would turn the organization over to a physician and development expert as opposed to the bankers, corporate leaders and political officials who have run it since its founding.
SBA helping businesses tap into supply chains: The Small Business Administration Thursday announced a new private-public partnership called the American Supplier Initiative, which aims to help small businesses strengthen their revenue streams by gaining access to more than $300 billion in combined supply chain spending by some of the country’s largest corporation.
Helpful advice ‘on’:
How to squeeze in time for strategic planning (OSB)
How to cut your most difficult customers loose (OSB)
How to abide by federal discrimination laws (Open Forum)
How to choose a server for your small business (PC World)
How to start a company right from your desk (Business.com)
How to optimize videos for search engines (Entrepreneur)