The national SurePayroll Hiring Index, which measures the number of employees within small businesses, ended March at 10,453, eight points down from where the index stood at the end of February.
That’s our seventh straight month of negative or flat hiring in the small business economy.
Small business salaries, in contrast, are still on the rise. Small business paychecks were up in March, for the seventh month in a row. The SurePayroll Pay Index clocked in at 973 at the end of March, a three point increase from February.
The monthly SurePayroll Scorecard data for March 2006 can be found in the table below.
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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 tens of thousands of 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.
Small Business Scorecards Archive:
