Market Update: Small Business Hiring

Small business employers remain optimistic, despite a slight drop-off in April hiring. 

market-update-small-business-hiringOnline payroll provider, SurePayroll, recent released its April Small Business Scorecard, showing small business owners’ optimism remains at 65 percent despite a slight drop in hiring and size of average paychecks.

For those looking to hire, 40 percent of small business owners said they are having trouble finding qualified candidates in the fields of technology, sales/marketing, customer service and administrative work.

“We have a double-edged sword–on one side there’s a shortage of jobs. On the other side, where there are jobs, there aren’t enough qualified workers to fill them,” said SurePayroll CEO and President Michael Alter. “As a nation, we need to look forward, educating and training in fields where jobs will be available in the future, instead of just training for the jobs available today.”

Month-over-month SurePayroll Scorecard data shows hiring just barely negative (-0.1) and average paychecks down 0.3 percent. Month-over-month regional hiring and paychecks were down slightly in all regions of the country except the South, where hiring was up just 0.1 percent.

SurePayroll’s Scorecard compiles data from over 35,000 small businesses, and exclusively reflects the trends affecting the nation’s “micro businesses” — those with an average of eight employees. The full SurePayroll Small Business Scorecard including data for the top 35 MSAs is available at http://www.surepayroll.com/.

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