The latest data from the CBIZ Small Business Employment showed that small business hiring rose by 1.82% in June, from a 2.53% decline in May and a record 9.4% drop in April. The CBIZ figures are consistent with federal numbers which reported the addition of 4.8 million jobs because of the reopening of businesses.
Several industries had positive hiring trends including accommodations/food services, retail trade, real estate, arts/entertainment and construction. Geographically, the Northeast had the highest small business hiring growth at 4.2%. It is followed by the Central regions with 2.3% and the Southeast with 1.1%. However, the West reported a 1.7% decline.
CBIZ also reported that 30.1% of the companies in the index added employees, 51.4% maintained their employee count and 18.5% reduced headcount. CBIZ executive president Philip Noftsinger said that the data suggests that business reopening had a positive impact on hiring.