- At-a-glance: Of the companies surveyed, 24 percent increased staffing while 24 percent decreased staffing and 52 percent maintained their number of employees.
- Small business sector: Small business owners have the labor needed to meet existing demand, and until the consumer can re-enter the marketplace in terms of spending, we will continue to be stuck in a slow growth mode from a jobs perspective.
- What to watch: Small business owners continue to operate with a skeptical eye for the future. They’re unwilling or unable to make investments that will support economic growth as they see no clear fiscal policy direction. In addition, they are not able to point to macro economic factors that would indicate greater demand in the future.
CBIZ Payroll Services manages payroll services for more than 3,500 businesses. Its index reflects a broad array of industries and geographies corresponding to the markets across the United States where CBIZ provides human capital services. The data represented by the SBEI is derived from a segment of employers not completely accounted for by the ADP and Federal BLS employment reports.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. 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, financial advisory, government health care consulting, risk advisory, merger and acquisition advisory, real estate consulting, and valuation services. Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, HR consulting, and executive recruitment. As one of the nation’s largest brokers of employee benefits and property and casualty insurance, and one of the largest accounting and valuation companies in the United States, the Company’s services are provided through nearly 100 Company offices in 32 states.