The CBIZ Small Business Employment Index reported an increase in hiring this December, making this the first month since August 2014 of increasing payrolls. This reading also exceeded the prior two December readings in 2013 and 2012. - See more at: http://www.cbiz.com/Insights-Resources/Blog/PostId/191/december-small-business-hiring-reports-first-positive-gain-since-august-2014#sthash.arF80Ii8.dpuf

1. % CHANGE TO EE COUNT FOR REPORTING PERIOD
2
1
0
-1
-2
-3 % CHANGE TO EE COUNT FOR REPORTING PERIOD
OCT.2014
JUNE2014
AUG.2014
SEPT.2014
NOV.2014
JAN.2014
FEB.2014
APR.2014
MAR.2014
MAY2014
JULY2014
DEC.2014
-.08%
-0.40%
-1.04%
-2.10%
1.01%
1.57%
1.25%
0.27%
1.2% 1.22%
-1.82%
-.17%
Small business owners appeared extremely optimistic according to the November NFIB report which
pinned its gains to business conditions six months from now. The December SBEI results indicate that
hiring advanced for those businesses in December, perhaps a result of that optimism. The path to
labor recovery does run through part time growth, as employers step carefully back into investments
in labor through part time and temporary help. So while job growth is being realized, full-time growth
is still needed, and can reasonably be expected if the overall economic environment can support
transition from part time investments in labor to full time commitments.
PHILIP NOFTSINGER — Business unit president for CBIZ Payroll Services
51%
21%
28%
DECEMBER AT A GLANCE
51 percent of the small businesses held steady with
employee counts in December, with 28 percent of
companies adding staff and 21 percent decreasing payroll
commitments. This reading exceeds the prior two December
readings in 2013 and 2012 and marks the first positive gain
in the Small Business Employment Index since the reading
for the period of August 2014.
NO
CHANGE
DECREASED
STAFFING
INCREASED
STAFFING