- At-a-glance: Of the companies surveyed, 21 percent increased staffing while 31 percent of the companies decreased employee headcounts and 48 percent of the companies surveyed maintained their number of employees.
- Small business sector: The fact that this month’s number is the smallest seasonal decline in the past two years is encouraging and hopefully a sign that the small business labor market is improving.
- What to watch: Despite the uncertainty surrounding the debt ceiling last month, the economy seemed quite resilient. It will be interesting to see if the hiring pace will continue to gradually pick up and sustain growth this winter and for the long-term.
Editor’s note:(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 . 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.