January 2008 Regional Small Business Trends
On a regional basis, hiring increased in January 2008 in all four regions: the Midwest, Northeast, South and West.
On the salary front, salaries increased in January 2008 in the Northeast and West but decreased in the South and Midwest.
Regional Data
Below is the monthly SurePayroll Scorecard data for each region for
January.
Midwest Results |
| January '08 |
9,826 |
1,047 |
| December '07 |
9,792 |
1,048 |
| November '07 |
9,779 |
1,047 |
| October '07 |
9,757 |
1,048 |
| September '07 |
9,742 |
1,047 |
| August '07 |
9,730 |
1,049 |
| July '07 |
9,709 |
1,046 |
| June '07 |
9,688 |
1,050 |
| May '07 |
9,663 |
1,048 |
| April '07 |
9,644 |
1,039 |
| March '07 |
9,627 |
1,039 |
| February '07 |
9,598 |
1,036 |
| January '07 |
9,572 |
1,035 |
|
Northeast Results |
| January '08 |
10,410 |
1,141 |
| December '07 |
10,357 |
1,139 |
| November '07 |
10,198 |
1,098 |
| October '07 |
10,310 |
1,146 |
| September '07 |
10,278 |
1,145 |
| August '07 |
10,246 |
1,145 |
| July '07 |
10,210 |
1,145 |
| June '07 |
10,171 |
1,145 |
| May '07 |
10,147 |
1,143 |
| April '07 |
10,119 |
1,141 |
| March '07 |
10,083 |
1,140 |
| February '07 |
10,044 |
1,150 |
| January '07 |
10,037 |
1,146 |
|
South Results |
| January '08 |
10,334 |
1,096 |
| December '07 |
10,246 |
1,104 |
| November '07 |
10,125 |
1,100 |
| October '07 |
10,125 |
1,100 |
| September '07 |
10,087 |
1,099 |
| August '07 |
10,050 |
1,096 |
| July '07 |
10,010 |
1,093 |
| June '07 |
9,978 |
1,092 |
| May '07 |
9,947 |
1,090 |
| April '07 |
9,938 |
1,080 |
| March '07 |
9,908 |
1,079 |
| February '07 |
9,896 |
1,075 |
| January '07 |
9,880 |
1,071 |
|
West Results |
| January '08 |
11,382 |
1,093 |
| December '07 |
11,376 |
1,085 |
| November '07 |
11,336 |
1,079 |
| October '07 |
11,293 |
1,075 |
| September '07 |
11,243 |
1,069 |
| August '07 |
11,195 |
1,065 |
| July '07 |
11,145 |
1,061 |
| June '07 |
11,088 |
1,059 |
| May '07 |
11,024 |
1,056 |
| April '07 |
10,966 |
1,047 |
| March '07 |
10,904 |
1,041 |
| February '07 |
10,828 |
1,036 |
| January '07 |
10,764 |
1,026 |
|
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.
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