Small Business Employment Index - August 2016

WWW.CBIZ.COM

SMALL BUSINESSEMPLOYMENT INDEX

AUGUST 2016

23.8% of companies in the SBEI increased staff, 49.7% made no change,and 26.5% decreased employee totals.

“August’s negative move in hiring came as a bit of a surprise, given the overall positive economic outlook for the remainder of 2016. As we have seen with previous employment reports, it will be key to watch the real trajectory of the labor market for all market segments to truly understand the take-away for the broader economy.” –Philip Noftsinger, President of CBIZ Employee Services Organization

TRENDING BY REGION

INCREASED DECREASED NO CHANGE

0.54%1.38%

0.20% 0.90%

-0.28%-0.82%

6 MONTH OVERVIEW

MAR APR MAY JUN JUL AUG

AUGUST AT A GLANCE

49.7%NO

CHANGE

23.8%INCREASEDSTAFFING

26.5%DECREASED

STAFFING

TRENDING BY INDUSTRY

INCREASED DECREASED NO CHANGE

FINANCE &INSURANCE

EDUCATIONAGRICULTURE PROFESSIONALSERVICES

TECHNOLOGYCONSTRUCTION NON-PROFITLIFE SCIENCES TRANSPORTATION

-0.56%-1.13%

-0.26%

-0.43%