The Scorecard optimism survey found 50 percent of respondents are experiencing increased revenue and growth in their businesses, but they say productivity is outpacing the need to hire.
"We're seeing small businesses circling the runway right now. They're not sure when and where to land," said
Month-over-month SurePayroll Scorecard data shows hiring and paychecks just barely negative (-0.1 for both). Month-over-month regional hiring was down except in the South, where it was up 0.2 percent. Month-over-month regional paychecks were up in the Midwest and flat in the South and West. Paychecks were down only in the Northeast (-0.4 percent).
Year-over-year, nationwide hiring is down only 1.5 percent and paychecks are down 1.1 percent. The South continues to show promising signs with hiring up 1.7 percent and paychecks up 0.5 percent. The West has had the steepest hiring decline at 5.3 percent.
As the first economic indicator created by a payroll company, the SurePayroll Scorecard has provided a monthly look on national hiring and paycheck trends since
This information was brought to you by Cision http://www.cisionwire.com
|Copyright:||2012 GlobeNewswire, Inc.|