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NFIB Jobs Statement: Job Picture Remains Solid

NFIB News Release (07/02/14)

National Federation of Independent Business owners increased employment by a seasonally adjusted average of 0.05 workers per firm in June, the ninth positive month in a row and the best string of gains since 2006. Seasonally adjusted, 12% of owners reported adding workers, up one point. Offsetting that, 13% reduced employment, also up one point. The remaining 75% of owners made no net change in employment.

Fifty-three percent of the owners hired or tried to hire in the last three months; 81% of those reported few or no qualified applicants for open positions. More than a quarter of all business owners reported job openings they could not fill in the current period, suggesting further downward pressure on the unemployment rate.