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More Small Businesses Add Staff

More Small Businesses Add Staff Featured

Small business jobs activity rose in October, with more owners trying to hire workers amid labor quality concerns and compensation increases rising to their highest levels since December 2000, according to the monthly NFIB Jobs Report.
Fifty-nine percent of small business owners reported hiring or trying to hire in October, but 52 percent said they couldn’t find qualified workers. Twenty percent of small business owners said finding qualified workers was their number one concern.
Reports of increased labor compensation remained at strong levels, with twenty-seven percent reporting compensation increases and twenty-one percent of the owners planning to raise compensation in the coming months.

Last modified on Friday, 10 November 2017 03:13