The State Small Business setting [June 2014 Index]

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The State Small Business setting [June 2014 Index] -

Small businesses represent nearly 95 percent of all employers in Therefore, the United States, the state of small business setting is used as an indicator of the overall economy. While the pace of growth remains moderate, the June Paychex | IHS Small Business Jobs Index shows that small business setting in the last twelve months has improved.

National Small Business Hiring Trends

The recent Small Business Jobs index rose 0.23 percent in the 12 months leading to June , Although the index for a second straight month in June fell nationally remains near record highs

National Small Business Index

Source :. Paychex | IHS Small Business Jobs Index

Local Small Business Hiring Trends

had at the regional level of the mountain region the highest profits, to 1.77 percent. The Mid-Atlantic region showed the weakest growth at -0.39 percent in the last twelve months

Regional Small Business Index

Source :. Paychex | IHS Small Business Jobs Index

State Small Business Hiring Trends

At state level, Washington leads all states closely followed by Wisconsin, Indiana and Texas. , Arizona is the fastest growing state

Small Business Hiring by State

Source: Paychex | IHS Small Business Jobs Index

Metro Small Business Hiring Trends

Finally, the metropolitan areas with the highest index are are Dallas, San Francisco and Seattle. Metro areas with the lowest index is Tampa Bay, Baltimore and Washington, D.C.

by_metro

Source: Paychex | IHS Small Business Jobs Index

About the Small Business Jobs Index

The Paychex | IHS Small Business Jobs Index analyzed year-over-year changes in the number of workers, to reveal the results of trend movement in small business employment; an upward trend represents a strengthening labor market, while a downward trend is a sign of slowing. Same-store worker image changes analysis of around 350,000 small businesses clearly shows trends in the current labor market situation. Indexing the results just to identify a reference point and to track current and historical small business employment development.

See related:

  • Small Business Outlook 2014 [Infographic]

  • Small Business 2014 economic and setting Outlook - infographic

  • 8 things you if you with setting your first employee

Create Lovable Employee Health Benefits

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