Small Business Employment Index - November 2016
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WWW.CBIZ.COM SMALL BUSINESS EMPLOYMENT INDEX NOVEMBER 2016 24.4% of companies in the SBEI increased hiring, 51% made no changes, and 24.6% decreased staff. “November has historically been a flat month for payroll changes, as the average reading for the past five years has seen no greater than a .1 percent decrease. One of the big seasonal influences on payrolls can be the holiday shopping and entertainment season, and those in hospitality and retail have already hired most of their part-time help, so a flat reading for the month indicates the holiday season is meeting expectations thus far.” –Philip Noftsinger, President of CBIZ Employee Services Organization TRENDING BY REGION INCREASED DECREASED NO CHANGE 0.90% -0.28% -0.82% -0.23% -1.61% -0.17% 6 MONTH OVERVIEW JUN JUL AUG SEP OCT NOV NOVEMBER AT A GLANCE 51% NO CHANGE 24.4% INCREASED STAFFING 24.6% DECREASED STAFFING TRENDING BY INDUSTRY INCREASED DECREASED NO CHANGE NON-PROFITS BUSINESS SERVICES INFORMATION MANAGEMENT AGRICULTURE TECHNOLOGY UTILITIES ARTS & ENTERTAINMENT INSURANCE 1.5% -0.69% 0.27% -0.01%
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Transcript of Small Business Employment Index - November 2016
WWW.CBIZ.COM
SMALL BUSINESSEMPLOYMENT INDEX
NOVEMBER 2016
24.4% of companies in the SBEI increased hiring, 51% made no changes,and 24.6% decreased staff.
“November has historically been a flat month for payroll changes, as the average reading for the past five years has seen no greater than a .1 percent decrease. One of the big seasonal influences on payrolls can be the holiday shopping and entertainment season, and those in hospitality and retail have already hired most of their part-time help, so a flat reading for the month indicates the holiday season is meeting expectations thus far.” –Philip Noftsinger, President of CBIZ Employee Services Organization
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
0.90%
-0.28%-0.82%
-0.23%
-1.61%
-0.17%
6 MONTH OVERVIEW
JUN JUL AUG SEP OCT NOV
NOVEMBER AT A GLANCE
51%NO
CHANGE
24.4%INCREASEDSTAFFING
24.6%DECREASED
STAFFING
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
NON-PROFITSBUSINESSSERVICES
INFORMATIONMANAGEMENT
AGRICULTURETECHNOLOGY UTILITIESARTS &ENTERTAINMENT
INSURANCE
1.5%-0.69%
0.27%
-0.01%
