NFIB News Release (11/06/14)
There was no net gain in small-business hiring in October, according to a survey of 1,502 small firms by the National Federation of Independent Business. Roughly equal numbers of employees were hired and cut by small-business owners, resulting in a seasonally adjusted net gain of zero employees per business.
“Labor markets, although improved, are still sloshy,” says William Dunkelberg, chief economist for NFIB. “Basically there’s no clear direction among small employers.”