- At-a-glance: Of the companies surveyed, 24 percent increased staffing while 23 percent of the companies decreased employee headcounts. Fifty-three percent of the companies surveyed maintained their number of employees.
- Small business sector: The budget and tax battles in Washington, D.C. continue to give pause to entrepreneurs and shrink their appetite for risk, thereby continuing to mute the hiring by small businesses.
- What to watch: Even as the House of Representatives reached a bi-partisan agreement on tax rates, the battle will continue on spending cuts as we approach another vote on the debt ceiling.
Editor’s notes:(1) The SBEI illustration is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License. Based on a work at http://blog.cbiz.com . (2) The United States Department of Labor’s Bureau of Labor Statistics Employment Situation Summary is due to be released on Friday, January 4, at 8:30 a.m. ET. Mr. Noftsinger is available for media interviews to discuss employment trends and other payroll matters impacting the American small 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 130 Company offices in 37 states. Visit our website at www.cbiz.com and our blog, “Human Capitalizing,” at http://blog.cbiz.com.