Small-business jobs continue to decline, NFIB survey shows

06/4/2010 | Reuters · iMarketNews.com

The hiring freeze continues at small businesses despite an expected increase at larger businesses, an NFIB survey showed. Average employment per small firm fell by 0.5 workers in May on a seasonally adjusted basis, NFIB said. Most companies surveyed said their employment levels didn't change at all, but 20% of business owners said they cut their workforce by an average of four employees. NFIB cited continued weak sales for the subdued employment report.

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Reuters · iMarketNews.com

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