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 1.12 percent month-over-month increase in hiring this May, a significant recovery from the decrease in hiring in April.

1. WWW.CBIZ.COM
SMALL BUSINESS
EMPLOYMENT INDEX
MAY 2017
28% of companies increased staff, 50% made no change
and 22% decreased headcounts.
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
-3.12%
-0.32%
1.60%
0.16%
1.66%
1.12%
6 MONTH OVERVIEW
DEC JAN FEB MAR APR MAY
MAY AT A GLANCE
50%
NO
CHANGE
28%
INCREASED
STAFFING
22%
DECREASED
STAFFING
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
ARTS &
ENTERTAINMENT
AGRICULTURE TRANSPORTATION CONSTRUCTIONUTILITIES REAL ESTATE MANUFACTURINGRENTAL &
LEASING
RETAIL TRADE
-0.54%
1.15%
1.37%
2.27%
“While small business increased headcounts in May at a pace mostly in line with historical averages, we believe
some slack remains in the market thanks in part to Washington’s inability to secure fiscal policy changes around
healthcare and taxes. With uncertainty lingering surrounding future healthcare costs and tax rates, we believe
some small businesses are remaining on the sidelines until Congress can provide clarity on these issues.”
–Philip Noftsinger, President of CBIZ Employee Services Organization