- At-a-glance: Of the companies surveyed, the data shows that 22 percent reported a decrease in employee headcount while 24 percent increased staffing. 54 percent of the companies involved in the survey maintained their number of employees.
- Small business sector: Other reports of anecdotal nature are reporting consistent information that shows small business improving their employment numbers, but only slightly and only as demand dictates.
- What-to-watch: Sustained gains will be important for future growth, so look to March and April to demonstrate a trend in the SBEI. Consumer confidence will continue to play a direct role on the road to recovery.
For a month-by-month illustration of the Small Business Employment Index, please click here.Editor’s note: The United States Department of Labor’s Bureau of Labor Statistics Employment Situation Summary is due to be released on Friday, March 9, at 8:30 a.m. Mr. Noftsinger is available for media interviews to discuss employment trends and other payroll matters impacting the American business environment. About CBIZ, Inc. (NYSE:CBZ) CBIZ, Inc. provides professional business services that help clients better manage their finances and employees. CBIZ provides its clients with financial services including accounting, tax and consulting, internal audit, merger and acquisition advisory and valuation services. Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, HR consulting and executive recruitment. CBIZ also provides outsourced technology staffing and support services, healthcare consulting and medical practice management. As one of the largest benefits specialists and one of the largest accounting, valuation and medical practice management companies in the United States, the company’s services are provided through more than 140 company offices in 36 states.