The CBIZ Small Business Employment Index (SBEI), a barometer for small business hiring trends that surveys labor data from over 4,000 companies employing 300 or fewer people, reported a strong month for hiring, showing a 1.66 percent month-over-month increase since February.

1. WWW.CBIZ.COM
SMALL BUSINESS
EMPLOYMENT INDEX
MARCH 2017
30% of companies increased staff,
52% made no change and 18% decreased staff.
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
-3.12%
-1.61%
-0.17%
1.60%
0.16%
1.66%
6 MONTH OVERVIEW
OCT NOV DEC JAN FEB MAR
MARCH AT A GLANCE
52%
NO
CHANGE
30%
INCREASED
STAFFING
18%
DECREASED
STAFFING
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
RETAILACCOMMODATION
& FOOD SERVICES
ARTS, ENTERTAINMENT
& RECREATION
HEALTHCAREREAL ESTATE NON-PROFITSEDUCATIONCONSTRUCTION
1.33%
1.74%
1.47%
2.03%
“Small business hiring is improving over the early part of 2017, despite what appears to be a larger than
expected fight over fiscal policy changes. However, as the NFIB Small Business Optimism Index also suggests,
optimism will fade quickly if policy changes are not enacted as quickly and favorably as anticipated in the
post-election environment.”
–Philip Noftsinger, President of CBIZ Employee Services Organization