As their credit lines are denied, reduced or even ended abruptly small businesses stop creating jobs.
Small business owners struggle to grow or just cover costs while the number of U.S. workers drawing jobless benefits hits a 25-year high. Economists predict U.S. unemployment rates could soar to 8 percent or more.
Manoush Zomorodi reports.
SOUNDBITES: Peter Soter, Morningside Bookstore in Manhattan
Tara Moseder, Job seeker
John Ryding is Chief Economist, RDQ Economics
Sulekh, Anhad Inc.
