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 2.26 percent decline in July. This comes on the heels of a record-breaking increase in hiring in June.

1. WWW.CBIZ.COM
SMALL BUSINESS
EMPLOYMENT INDEX
JULY 2017
19% of companies increased staff, 49% made no change
and 31% decreased headcounts.
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
-0.32%
0.16%
1.66%
1.12%
2.11%
-2.26%
6 MONTH OVERVIEWJULY AT A GLANCE
49%
NO
CHANGE
19%
INCREASED
STAFFING
31%
DECREASED
STAFFING
-4.36%
-2.38%
-1.7%
-0.54%
“Small businesses are yet to demonstrate their desire to hire employees on a consistent basis and are instead
hiring in pulses. The reasons behind this likely vary from a declining confidence in the U.S. economy to
sustainably grow, to the inability of Congress to make discernable progress on fiscal policy decisions that will
impact employee healthcare costs.” - Philip Noftsinger, President of CBIZ Employee Services Organization.”
–Philip Noftsinger, President of CBIZ Employee Services Organization
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
FEB MAR APR MAY JUN JUL
FOOD SERVICESNON-PROFITSAGRICULTURE TECHNOLOGY RETAILLIFE SCIENCESACCOMODATIONSFINANCIAL SERVICES HEALTHCARE CONSTRUCTION