Small Business Employment Remained Flat in February

U.S. small business employment remained stagnant in February, while average hours worked and monthly wages both increased. Overall, small business revenue declined 0.09 percent in January.

Those are among the findings of the monthly Intuit Inc. INTU +3.47% Small Business Employment and Revenue Indexes . The figures also revealed:

• Small businesses have added more than 570,000 jobs since March 2010.
• Employees’ average monthly compensation grew 0.5 percent in February, an increase of $15 from January’s revised figure.
• Average monthly hours worked by hourly employees increased 0.5 percent in February, an increase of approximately 30 minutes from January’s revised figure.

California’s employment numbers had a “0” change for February.

If you’d like to read about how other states did, then you can read more here.

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