Business Services Blog
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January 9, 2014
Wrapping up 2013, the CBIZ Small Business Employment Index (SBEI) for December showed a slight increase in hiring -- a .31 percent boost for the month. This continues the modest increase the index reported in November. Wednesday’s ADP December survey provided positive numbers, releasing data on the 238,000 jobs added during the month.
December 5, 2013
Reporting a .52 percent hiring increase during November, the CBIZ Small Business Employment Index (SBEI) saw a slight boost due to this year’s holiday season. Even though nearly half (54 percent) of companies surveyed did not change staffing last month, 24.
November 7, 2013
The CBIZ Small Business Employment Index (SBEI) reported a .42 percent decrease in hiring for October. Even though there was a decline, the index showed that the amount of companies boosting headcounts was a bit higher than those showing decreases. With hiring in the small business sector slightly down, we can look to delayed seasonal hiring as a factor.
October 3, 2013
While the CBIZ Small Business Employment Index (SBEI) returned to positive territory in August, the index reported a 2.15 percent decline in employment for September. This is not overly alarming, however, given that there has been a drop in September hiring levels for the past four years.
September 30, 2013
How likely are you to hire additional employees in the next year?This question is an important indicator of how our economic recovery is going and why we release the CBIZ Small Business Employment Index each month. It’s also the question we recently posed to CBIZ and MHM clients from a variety of industries, regions, and sizes in order to shed more light on the broader state of hiring in the U.
September 5, 2013
Returning to positive territory for the first time since May, the CBIZ Small Business Employment Index (SBEI) reported a hiring increase for the month of August. Up 1.23 percent, the SBEI sheds positive light on small business hiring. However, it is evident that the majority of filled positions that created this hiring increase were part-time.
August 6, 2013
Last week, the CBIZ July Small Business Employment Index for July was featured in prominent media outlets, including The Wall Street Journal, Crain's Cleveland Business, and Bloomberg Businessweek, as the SBEI continues to grow to be an essential part of the country's employment discussion.
August 1, 2013
Our July Small Business Employment Index (SBEI) has been released and the findings show a slight decrease of .57 percent during the month, following a similar downward movement of .21 percent in small business hiring in June. In contrast, ADP’s July jobs survey illustrated that the private sector added more workers than initially anticipated with a total of 200,000 jobs, topping analysts’ estimates of 180,000 jobs.
July 3, 2013
Our June Small Business Employment Index (SBEI) has been released and results show that despite a hiring increase in May, there was a .21 percent decline in hiring last month. The June index does not fully indicate a change in the direction of small business hiring, however -- the number of companies reporting a positive change exceeded those reporting a negative change.
June 6, 2013
Our May Small Business Employment Index (SBEI) has been released and the findings show a significant increase of 1.91 percent during the month, following a slight increase of .43 percent in small business hiring in April. In an interesting contrast, ADP’s May jobs survey illustrated that the private sector added just 135,000 jobs, well below analysts’ estimates of 167,000 jobs.