revitalizing the economy. american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg and welcome to "your business", where we give you tips and advice to help your business grow. >> the nation's economic and unemployment troubles continue and as long as consumers aren't spending, small business owners can't hire. nbc's john yang reports. >> reporter: the more than 66,000 new job cuts announced in july were the most layoffs since march 2010 when the impact of the recession was hitting full force. >> these big layoffs are putting more fear into everybody. that's reducing job security, consumer confidence, that's not good for the economy. >> did you need some help.