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 0.35 percent decrease in hiring this September. This means that every SBEI report in the third quarter posted declines.

1. WWW.CBIZ.COM
SMALL BUSINESS
EMPLOYMENT INDEX
SEPTEMBER 2017
48 percent of companies in the SBEI did not make employment changes,
27 percent cut headcounts, and 25 percent increased employee totals.
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
-0.32%
1.12%
2.11%
-2.26% -2.27%
-0.35%
6 MONTH OVERVIEWSEPTEMBER AT A GLANCE
48%
NO
CHANGE
25%
INCREASED
STAFFING
27%
DECREASED
STAFFING
0.13%
-0.05%
-1.15%
-0.83%
“While there has never been a positive September SBEI report, this year’s reading had the potential to be the
first, had it not been for Hurricanes Harvey and Irma. Typically, the September period sees an employment drop
off as seasonal businesses begin the process of reducing staff or closing for the winter.”
–Philip Noftsinger, President of CBIZ Employee Services Organization
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
APR MAY JUN JUL AUG SEP
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