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2012.04.3001:07:00UTC+00Us Small Business Hiring Slows down in April

News

  • US small business hired 40k people in April v/s 75k in March,
  • Average workweek also dipped by 0.14 pct
  • The pullback confirms market view of job market losing some momentum in recent months
  •  The Intuit survey is based on responses from about 72,000 small businesses with fewer than 20 employees that use the Intuit Online Payroll system.
  •  It covered the period from March 24 to April 23
  • The average salary drawn by small business worker was around  $2,680 suggests that many of this workers are probably part timers

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