SurePayroll Scorecard - 2006 - March - National Small Business Trends

National Small Business Trends

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.

	SurePayroll Hiring Index	SurePayroll Pay Index
March '06	10,453	973
February '06	10,461	970
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

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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