Council for Financial Activities Control

Small Business Wage Growth Continues Downward Trend, While Job Growth Remains Stable

Retrieved on: 
Tuesday, October 31, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231031560294/en/
    Small business job growth has slowed 0.66% from a year ago, but remains above pre-pandemic (2019) levels.
  • The South leads regional small business job growth for the 19th consecutive month.
  • At 100.66, North Carolina has led the pace of small business job growth among states for the 15th of the past 16 months.
  • Houston has now been the strongest among the top U.S. metros for small business job growth for a year.

U.S. Employers Look To Hire At Record Pace But Talent Shortage Remains Above Global Average

Retrieved on: 
Tuesday, September 14, 2021

Northeast employers report an increase of 25 percentage points, while Outlooks are 22 and 21 percentage points stronger in the South and the Midwest, respectively.

Key Points: 
  • Northeast employers report an increase of 25 percentage points, while Outlooks are 22 and 21 percentage points stronger in the South and the Midwest, respectively.
  • Employers in all four regions report the strongest hiring intentions since the survey began with the strongest labor markets anticipated in the Northeast and the West, with Outlooks of +51%.
  • In the South the Outlook stands at +48%, and Midwest employers report an Outlook of +45%.
  • The next survey will be released December 14, 2021, and will report hiring expectations for Q1 2022.