November shows little change with the 14th consecutive month of flat or shrinking hiring numbers nationwide and a year-to-date decline in hiring of 3 percent. The average paycheck increased only slightly, still down 0.5 percent year-to-date. Despite this trend, the Small Business Optimism Survey shows owners’ optimism remaining steady from last month at 53 percent, which had greatly increased from September’s record low of 33 percent. Read more in the November Scorecard press release.

 

November's Hiring Index and Optimism Meter

Year To Date Changes in Small Business Size and Average Paycheck for Select States as of November 30, 2011

 

November 2011 National Small Business Trends

November year-to-date small business hiring dipped yet again to -3 percent, down from -2.9 percent last month. The average paycheck is up 0.1 percent from October when it was -0.6.

SurePayroll Hiring Index SurePayroll Pay Index
November ’11 11,751 950
October ’11 11,772 949
September ’11 11,789 951
August ’11 11,810 952
July ’11 11,827 952
June ’11 11,838 954
May ’11 11,840 952
April ’11 11,846 954
March ’11 11,849 955
February ’11 11,948 959
January ’11 12,054 960
December ’10 12,120 955
November ’10 12,155 949

 

November 2011 Regional Small Business Trends

November’s regional outlook shows the South’s hiring stayed flat, while hiring dropped in the West, Northeast and Midwest. As for wages compared to last month, the South, West and Northeast are slightly up, while in the Midwest wages are down.

Midwest Results

SurePayroll Hiring Index SurePayroll Pay Index
November ’11 11,189 924
October ’11 11,223 925
September ’11 11,239 928
August ’11 11,259 932
July ’11 11,271 937
June ’11 11,282 942
May ’11 11,288 940
April ’11 11,308 943
March ’11 11,325 946
February ’11 11,438 948
January ’11 11,550 952
December ’10 11,627 948
November ’10 11,685 946

Northeast Results

SurePayroll Hiring Index SurePayroll Pay Index
November ’11 12,016 970
October ’11 12,035 969
September ’11 12,062 970
August ’11 12,104 970
July ’11 12,136 970
June ’11 12,164 971
May ’11 12,183 970
April ’11 12,206 972
March ’11 12,225 970
February ’11 12,303 972
January ’11 12,377 970
December ’10 12,434 965
November ’10 12,486 955

South Results

SurePayroll Hiring Index SurePayroll Pay Index
November ’11 12,095 956
October ’11 12,093 955
September ’11 12,082 955
August ’11 12,058 956
July ’11 12,036 950
June ’11 12,004 951
May ’11 11,972 949
April ’11 11,932 950
March ’11 11,888 950
February ’11 11,934 954
January ’11 12,017 954
December ’10 12,032 950
November ’10 12,028 944

West Results

SurePayroll Hiring Index SurePayroll Pay Index
November ’11 10,639 1,131
October ’11 10,680 1,129
September ’11 10,728 1,130
August ’11 10,788 1,130
July ’11 10,847 1,133
June ’11 10,901 1,134
May ’11 10,934 1,131
April ’11 10,970 1,135
March ’11 11,012 1,138
February ’11 11,178 1,145
January ’11 11,334 1,148
December ’10 11,464 1,139
November ’10 11,563 1,137

 

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