Hiring Growth for Small Businesses Continues in March
CBIZ, Inc. (CBZ)
Last cbiz, inc. earnings: 2/20 06:30 am
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Source: Business Wire
The CBIZ Small Business Employment Index reported a minor uptick in hiring for the second straight month CLEVELAND--(BUSINESS WIRE)--The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.18% in March as the U.S. economy continues to show strength and resilience. The CBIZ SBEI tracks payroll and hiring trends for over 3,000 companies that have 300 or fewer employees, providing broad insight into small business trends.“Small businesses continued to hire in March, reflecting the ongoing theme of strength and resilience within the American economy,” said Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC. “With the broadening upward momentum in the capital markets, it's clear that Main Street is also capitalizing on this positive trend.”The Bureau of Labor Statistics’ employment report indicated hiring growth that beat expectations. The March reading showed an overall increase of 303,000 private-sector jobs. The
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