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Good News For Some
Dec. 7th, 2017 04:01 pmWashington, D.C. (December 7, 2017) – Small business job creation plans reached an all-time high in November, shattering the previous record for the National Federation of Independent Business (NFIB) monthly Jobs Report, released today.
“We have never seen this kind of intensity around job creation in the 44-year history of the NFIB Jobs Report,” said NFIB President and CEO Juanita Duggan. “This is a powerful signal that small business is roaring back to life and ready to lead another period of economic expansion.” [...]
Fifty-two percent of small business owners reported hiring or trying to hire in November, but 44 percent said they couldn’t find qualified workers. Eighteen percent of small business owners said finding qualified workers was their number-two concern behind taxes.
The tight labor market is driving worker compensation higher. Twenty-seven percent of owners reported compensation increases, and 17 percent said they would raise compensation in the coming months.
Full article with link to full report here.
“We have never seen this kind of intensity around job creation in the 44-year history of the NFIB Jobs Report,” said NFIB President and CEO Juanita Duggan. “This is a powerful signal that small business is roaring back to life and ready to lead another period of economic expansion.” [...]
Fifty-two percent of small business owners reported hiring or trying to hire in November, but 44 percent said they couldn’t find qualified workers. Eighteen percent of small business owners said finding qualified workers was their number-two concern behind taxes.
The tight labor market is driving worker compensation higher. Twenty-seven percent of owners reported compensation increases, and 17 percent said they would raise compensation in the coming months.
Full article with link to full report here.
