Hirings locally counter national trend
The small employment gains of some Grand Junction companies run counter to the findings of a March study by the National Federation of Independent Businesses.
Small businesses nationwide are expecting to reduce jobs over the next three months, according to the federation’s “Small Business Economic Trends Study.”
The study found that in February, 10 percent of small-business owners increased employment by an average of five workers per company, but that 19 percent reduced jobs by an average of 3.2 workers per firm, seasonally adjusted.
Over the next three months, 8 percent anticipate reducing employment, and 13 percent plan to hire for new jobs, the study said.
The federation’s Index of Small Business Optimism lost 1.3 points in February, receding to the December reading of 88 compared with the 100 of the benchmark year of 1986.
The February reading is seven points higher than the survey’s second lowest reading ever, 81 in March 2009.
“The persistence of index readings below 90 is unprecedented in survey history,” the report said.