Login or Register
Welcome , Settings |  Logout

Small Business Hiring Weak for Third Straight Month in September

Friday, 05 Oct 2012 09:02 AM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Hiring by U.S. small businesses weakened in September for a third straight month, weighed down by economic uncertainty, suggesting lackluster job gains in the overall economy.

The National Federation of Independent Business said the net change in employment per firm slipped 0.23 last month after declining 0.05 in August.

"Uncertainty has cast a cloud over the future for owners, making it difficult to make commitments to new spending and hiring," the NFIB said in a statement.

The survey was released ahead of the government's more comprehensive payroll count on Friday. Nonfarm payrolls likely increased 113,000 in September, according to a Reuters poll, after rising 96,000 in August.

The unemployment rate is seen rising a 10th of a percentage point to at 8.2 percent. The NFIB survey showed a marginal decline in the share of employers reporting difficulties filling job openings last month.

© 2013 Thomson/Reuters. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
You May Also Like
Around the Web
 
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved