Small Businesses Report Modest Hiring Growth in December

Author's Avatar
Jan 10, 2023

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.84% in December. The previous downward trend in hiring reversed in November and December, signaling a positive sign for small business owners going into the new year. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or fewer employees, providing broad insight into small business trends.