The CBIZ Small Business Employment Index (SBEI), a barometer for small business hiring trends that surveys approximately 4,000 companies employing 300 or fewer people, reported a 20 percent decrease in hiring and a 30 percent increase in hiring in December.
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Small Business Employment Index - December 2017
1. WWW.CBIZ.COM
SMALL BUSINESS
EMPLOYMENT INDEX
DECEMBER 2017
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
DECEMBER AT A GLANCE
50%
NO
CHANGE
30%
INCREASED
STAFFING
20%
DECREASED
STAFFING
0.06%
1.85%
2.31%
0.1%
“This report marked the strongest reading since June. While the holiday shopping season contributed to increased
economic activity and the need for more employees, this particular December hiring report was well above the
average hiring surge historically seen for the time period.”
–Philip Noftsinger, President of CBIZ Employee Services Organization
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
-2.27%
-0.35%
-1.62%
6 MONTH OVERVIEW
AUG SEP OCT NOV DEC
30% of companies in the SBEI increased staff,
50% made no changes and 20% decreased employee totals.
1.55%
MANUFACTURINGACCOMODATION &
FOOD SERVICES
RETAIL EDUCATIONREAL ESTATE NON-PROFITSFINANCE &
INSURANCE
ARTS &
ENTERTAINMENT
TECHNOLOGY HEALTHCARE
JUL
-2.26%
0.44%