SurePayroll Scorecard - 2007 - September - National Small Business Trends

2007 September National Small Business Trends

Small business hiring rose in September.

The SurePayroll Hiring Index ended the month at 10,788, a 34-point increase (0.32%) from August.

The small business economy is on a roll. This was our tenth straight month of increased hiring in the small business economy.

The national SurePayroll Hiring Index, which measures the number of employees within small businesses, ended September at 10,788, up 34 points from where the index stood at the end of August.

With this increase, we've extended the streak to twenty-five straight months of rising salaries. The SurePayroll Pay Index clocked in at 1,053 at the end of September, up two points from the end of August.

The monthly SurePayroll Scorecard data for September 2007 can be found in the table below.

	SurePayroll Hiring Index	SurePayroll Pay Index
September '07	10,788	1,053
August '07	10,754	1,051
July '07	10,716	1,048
June '07	10,676	1,048
May '07	10,634	1,046
April '07	10,600	1,038
March '07	10,558	1,034
February '07	10,511	1,032
January '07	10,472	1,025

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 18,000 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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