Small Business Hiring Plans Surge to Highest Level Since Late 2022
· Texas Border Business
The NFIB’s July Jobs Report indicates a rebound in the Small Business Employment Index, which rose to 102.1 in July from 100.2 in June, marking the highest level since late 2022. Notably, 36% of small business owners reported unfilled job openings, a 4-point increase from June. Plans to hire new employees have surged, with a net 20% of owners intending to create jobs in the next three months. However, actual hiring decreased slightly, with 61% of owners attempting to hire. Labor quality remains a top concern, with 27% citing it as their primary issue.
AI summary · Source: Texas Border Business →
