Small Businesses Are Hiring

Posted by in Recruiting, Hiring and Retention | Comments Off on Small Businesses Are Hiring

According to a new monthly report from Inuit, Inc, the leading small business payroll provider in the U.S., small businesses are hiring again, with 40,000 new jobs during February 2010 and 150,000 since June 2009.

The Intuit Small Business Employment Index is based on data from businesses with fewer than 20 employees, which equals 87 percent of the total U.S. private employer base.

“Employment for these small businesses began trending upward in mid-2009, a good sign for the overall economy,” said Dr. Susan Woodward, the nationally recognized economist who worked with Intuit to create the index.

Intuit’s report also revealed that monthly average employee compensation has not grown appreciably since September 2008. Hourly employees worked an average of 101.4 hours in February.

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.