Intuit Payroll’s January Small Business Employment Index, a monthly report providing unique and almost real-time insight into employment trends of the nation’s small businesses with fewer than 20 employees, shows that 70,000 new jobs were created in January. Additionally, hiring in Washington grew by 0.6 percent. The data is based on approximately 60,000 small businesses of Intuit Online Payroll. The January index also shows:
- Nearly 1,010,000 new small business jobs created in the U.S. since October 2009 and 70,000 new jobs created in January.
- Compensation increased by 0.3 percent in January and now is $2,619 per month, compared to the revised December figure of $2,612 per month.
- Monthly hours worked increased by 0.6 percent in January, at 108.1 hours.
- Employment in Washington grew by 0.6 percent in January.
For more details on January’s index, please visit the following link: www.intuitinc.com/payrollindex