According to the November SurePayroll Small Business Scorecard small-business hiring is up in November from October, bringing us to a 2.6 percent increase year-to-date (based on aggregated data from 25,000 small businesses).
Unfortunately, any increase is not a sustainable and permanent uptick in jobs. The increase is due to a continued reliance on independent contractors for the majority of new jobs. These are temporary jobs with no benefits or long-term stability.
Small-business salaries continue to decline, with a national year-to-date drop of eight percent. On average, the small business employee earned nine percent less year-to-date in ’09 than during the same time period in ’08.
I guess thats a good news shall I say. Low and High situation is nature in business. It depends on how you manage it. Thank you for this information. Nice one.