Optimism is growing about the U.S. jobs market. Fewer people are applying for unemployment benefits, and hiring is up. The lion's share of new jobs are coming from small and medium-sized firms. But even if the economy comes roaring back, many small businesses aren't likely to hire with wild abandon.
"It's a huge commitment, when you're a very small firm, to add someone," says Kate O'Sullivan, director of content for CFO magazine. "And I think that the outlook is still not completely firm."
Credit unions have long pushed for greater flexibility in how much they can lend to small business. KUNC’s Erin O’Toole talks with Boulder County Business Report publisher Chris Wood about a proposal that would more than double credit unions’ business lending.