SurePayroll's January 2011 Small Business Scorecard

2011 has started as a mixed bag for the small business economy. January ushered in the fourth consecutive month of flat or shrinking hiring numbers. The average paycheck size, however, continued to grow. While the year-to-date hiring decrease of -0.5 percent indicates a lack of economic growth, small business hiring is up compared to January 2010. The year-to-date paycheck size increase of +0.5 percent suggests while employers aren't actively hiring, business is picking up and hourly employees are working more shifts.

January 2011 Data

> The Latest National Results    YTD Hiring Down -0.5%; YDT Paychecks Up +0.5%

> The Latest Regional Results    YTD Hiring Down, and Paychecks Up, in All 4 Regions

Questions regarding the SurePayroll Small Business Scorecard can be directed to Lori Bolas or Melinda Brodbeck. Lori can be reached at loriann.bolas@surepayroll.com or by phone at 847.676.8420 ext. 7248. Melinda can be reached at mbrodbeck@kruppnyc.com or by phone at 212.886.6705.

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