The CBIZ Small Business Employment Index (SBEI) reported an increase of 0.81 percent this June, following a 1.36 percent increase during the month of May. June’s reading of the SBEI represents the fourth consecutive month of positive readings and is evidence of a positive hiring trend in the second quarter.

1. % CHANGE TO EE COUNT FOR REPORTING PERIOD
June’s reading of the SBEI continues into positive territory, showing positive readings since March. Similarly, ADP’s
jobs data revealed 237,000 jobs created in May, which indicates the fastest pace of growth for the year. This number
significantly exceeds economists’ expectations of 218,000 and demonstrates that employment has remained steady
throughout the second quarter. In this reading, we saw continued growth in Construction, Hotels and Restaurants as
well as Professional Services. Jobs in the Information sector also showed signs of growth. However, Mining,
Transportation, and Administrative and Support services were the areas that showed the largest decline in hiring
this June.
PHILIP NOFTSINGER — Business unit president for CBIZ Payroll Services
OCT.2014
JUNE2015
AUG.2014
SEPT.2014
NOV.2014
JAN.2015
MAY2015
JULY2014
DEC.2014
FEB.2015
MAR.2015
APR.2015
-.08%
-1.04%
-2.71%
1.2% 1.22%
-1.82%
-.17%
-0.69%
0.56%
1.17%
0.81%
1.36%
JUNE AT A GLANCE
28 percent of companies included in the SBEI
during June increased payroll commitments,
while 22 percent reduced headcounts. 50 percent
of the small businesses in the index made no
change to their employee totals.
NO
CHANGE
DECREASED
STAFFING
INCREASED
STAFFING
50%
22%
28%