Small business was on the rise in November.
The SurePayroll Hiring Index ended the month at 10,863, a 41-point increase (0.38%) from October. On a national basis, we've now experienced twelve straight months of increased hiring in the small business economy.
The SurePayroll Pay Index was 1,057 at the end of November, up one point from the end of October. With this admittedly small increase, we've extended the streak to an impressive twenty-seven straight months of rising salaries.
The monthly SurePayroll Scorecard data for November 2007 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:
