SurePayroll's March 2011 Small Business Scorecard

While other sources report hiring and wages increased in March, Main Street employers weren't singing the same tune. March marked the sixth consecutive month of flat or shrinking hiring numbers across the nation. The average paycheck size is flat.

The year-to-date hiring decrease of -2.2 percent indicates a continual lack of economic growth. Average pay, though recently on the upswing, is currently flat year-to-date. The increasing reliance on contractors suggests that business is picking up, but small business owners don't have the confidence or bookings to hire more employees.

March 2011 Data

> The Latest National Results    YTD Hiring Down -2.2%; YTD Paychecks Flat

> The Latest Regional Results    YTD Hiring Down in All Four Regions; YTD Paychecks Up in the Northeast, flat in the South,    Down in the West and Midwest

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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