Small business hiring rose in May and ended the month up 0.3%.
The SurePayroll Hiring Index ended the month at 11,035, a 32-point increase from April.
On a national basis, this was our 18th straight month of increased hiring in the small business economy, and this is the highest the Hiring Index has been since its inception in January 2004.
The SurePayroll Pay Index was 1,058 at the end of May, down two points from April.
We have now had four consecutive months of declining small business salaries.
The monthly SurePayroll Scorecard data for May 2008 can be found in the table below.
|
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.
Small Business Scorecards Archive:
Scorecard |
2008 |
2007 |
2006 |
2005 |
2004
