SurePayroll's May 2011 Small Business Scorecard

May marked the eighth consecutive month of flat or shrinking hiring numbers across the nation. The average paycheck size is down slightly year-to-date and month-over-month. Despite these numbers, small business optimism soared to 75 percent from 52 percent in April.

Year-to-date hiring remained flat since last month. Average pay, though recently on the upswing, is currently down -0.3 percent year-to-date. The increasing reliance on contractors continues to suggest that business is picking up, but small business owners don't have the confidence or bookings to create jobs.

May 2011 Data

> The Latest National Results    YTD Hiring Down -2.3%; YTD Paychecks Down -0.3%

> The Latest Regional Results    YTD Hiring Down in all Four Regions; YTD Paychecks up in Northeast, Down in All Other 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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