WWW.CBIZ.COM SMALL BUSINESS EMPLOYMENT INDEX FEBRUARY 2017 25% of companies in the Index increased their employee counts, 51% made no change to staff totals and 24% cut headcounts. TRENDING BY REGION INCREASED DECREASED NO CHANGE -3.12% -0.23% -1.61% -0.17% 1.60% 0.16% 6 MONTH OVERVIEW SEP OCT NOV DEC JAN FEB FEBRUARY AT A GLANCE 51% NO CHANGE 25% INCREASED STAFFING 24% DECREASED STAFFING TRENDING BY INDUSTRY INCREASED DECREASED NO CHANGE MANUFACTURING EDUCATION CONSTRUCTION HEALTHCARE TECHNOLOGY & LIFE SCIENCES ARTS, ENTERTAINMENT & RECREATION UTILITIES FINANCIAL SERVICES AGRICULTURE 1.17% -0.08% 0.56% -0.49% “The small business labor market is gaining its footing after a few months of fluctuations during the election and at the start of the year. As long as the administration continues to keep its promises to small business, owners should react accordingly.” –Philip Noftsinger, President of CBIZ Employee Services Organization
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WWW.CBIZ.COM
SMALL BUSINESSEMPLOYMENT INDEX
FEBRUARY 2017
25% of companies in the Index increased their employee counts, 51% made no change to staff totals and 24% cut headcounts.
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
-3.12%
-0.23%
-1.61%
-0.17%
1.60%
0.16%
6 MONTH OVERVIEW
SEP OCT NOV DEC JAN FEB
FEBRUARY AT A GLANCE
51%NO
CHANGE
25%INCREASEDSTAFFING
24%DECREASED
STAFFING
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
MANUFACTURINGEDUCATIONCONSTRUCTION HEALTHCARETECHNOLOGY &LIFE SCIENCES
ARTS, ENTERTAINMENT& RECREATION
UTILITIESFINANCIALSERVICES
AGRICULTURE
1.17%-0.08%
0.56%
-0.49%
“The small business labor market is gaining its footing after a few months of fluctuations during the election and at the start of the year. As long as the administration continues to keep its promises to small business, owners should react accordingly.” –Philip Noftsinger, President of CBIZ Employee Services Organization
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