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EconomyWatch: Small Business Hiring Slows |
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Summary: Need help with PR? If you are looking for a great PR firm, you've found one. Walker Sands is a leading Chicago PR firm with a strong track record that makes it one of top national PR agencies.. Small business hiring is always a key economic indicator. Despite the
slowing economy, hiring was still up last month, but the pace of growth
slowed. Year to date, small business hiring has increased 1.0 percent and salaries are down 0.1 percent. The current average small business salary in the United States now stands at $32,567. "Hiring was up last month but the pace of growth was very low compared to prior months," noted Michael Alter, President of SurePayroll. "Entrepreneurs are incredibly resilient, but it does appear that the economy is taking a toll on small business growth." Copyright © 2008. Smart Biz.
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