SurePayroll Scorecard - 2006 - January - National Small Business Trends

National Small Business Trends

The national SurePayroll Hiring Index, which measures the number of employees within small businesses, ended January at 10,466, exactly where the index stood at the end of December.

That’s our second straight month of flat hiring in the small business economy.

Small business salaries, in contrast, are on the move. Small business paychecks were up in January, for the fifth month in a row. The SurePayroll Pay Index clocked in at 966 at the end of January, an 18-point increase from December.

The monthly SurePayroll Scorecard data for January 2006 can be found in the table below.

  SurePayroll Hiring Index SurePayroll Pay Index
January '06 10,466 966
December '05 10,466 948
November '05 10,466 940
October '05 10,470 937
September '05 10,480 932
August '05 10,494 930
July '05 10,477 935
June '05 10,466 931
May '05 10,466 930
April '05 10,458 935
March '05 10,440 942
February '05 10,438 946

About the Scorecard
The SurePayroll Hiring Index and the SurePayroll Pay Index are generated as part of SurePayroll’s Small Business Scorecard, an economic indicator that tracks the health of the U.S. small business economy. The Small Business Scorecard is generated from actual payroll data — paychecks issued to contractors and employees — for over 15,000 small businesses nationwide.

Questions regarding the SurePayroll Small Business Scorecard can be directed to Michael Alter. Michael can be reached at malter@surepayroll.com or by phone at (847) 676-8420 ext. 7229.

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