Hiring remained flat across the nation showed data from the July 2012 SurePayroll Small Business Scorecard. The SurePayroll Scorecard tracks the U.S. small business economy monthly.
This was the first time since February that month-over-month hiring was not negative. In addition, the national average paycheck was down 0.2 percent from last month. Both hiring and paychecks were down from last year, 1.6 percent and 1.2 percent, respectively.
Small business owners are a little more hopeful, as optimism rose to 62 percent from 60 percent last month. Seventy percent of small business owners who responded to the survey said they would encourage entrepreneurship, even in the current economy.
“Small business owners are optimistic by nature and they know that if you have a good idea you can take advantage of the lower costs in this economy and be successful,” said SurePayroll CEO and President Michael Alter. “Still, we need more incentives for investors to back startups and less tax burdens on small businesses.”
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Small Business, Staffing