Businesses with 20 or fewer employees see minimal job gains, slight revenue gains - News - MailTribune.com - Medford, OR

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2014-11-05

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Stark takes big lead in House District 4 race Voters reject top-two primaries, driver's cards, college fund Marsh, Seffinger headed for election to Ashland City Council LOCAL CITIES Oregon voters legalize marijuana Crime, Courts and Emergency Services Alleged stabber charged with attempted murder Emergency services Arsonist gets three years probation for fire at Jackson County Jail Emergency Services DUII driver gets 4 1/2 years in wreck that hurt two Politics and Elections Stark takes big lead in House District 4 race Voters reject top-two primaries, driver's cards, college fund Marsh, Seffinger headed for election to Ashland City Council LOCAL CITIES Oregon voters legalize marijuana Education Half of Oregon's community college enrollees need remedial classes Marketta Gregory: Stretch yourself for God Medford Schools Foundation supports programs the district can't Fire marshal visit prompts cancellation of Sacred Heart haunted house Kids Unlimited Academy awarded $450,000 grant Environment Well owners can help map groundwater quality Local gas prices lowest in years Where do all those leaves go? 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Hundreds look for work at Harry & David hiring fair Umpqua Holdings more than doubles net earnings Harry & David will hold hiring fair Thursday Opinion Latest Letters to the Editor, Nov. 4 Dana Milbank: Can Rand Paul save the GOP? Granlund cartoon: Voter choices Mark L. 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Intuit’s Small Business Indexes showed 0.07 percent growth, translating to just under 1 percent annually. Intuit, which tracks mom-and-pop business activity, reported the labor market for the smallest businesses is growing a little slower than the overall market. While total payroll employment has passed its pre-recession peak, small business remains below its peak by 750,000 jobs, or 3.5 percent. Much of this shortfall is attributed to the failure of construction to return to pre-recession levels. The new-hire rate has continued to rise slowly since June 2009 and rose again this month by 0.2 percent, showing a trend among small business owners to hire rather than push current employees to work more hours. Compensation rose by a nickel an hour to $16.20 for hourly workers. The data is based on approximately 247,000 small businesses customers of Intuit Online Payroll and QuickBooks Online Payroll, covering the period from Sept. 24 through Oct. 23. Revenue has been flat in the micro businesses as well. Intuit Small Business Revenue Index showed revenue growth of just  0.03 percent. Intuit's Revenue Index is based on aggregated data from more than 150,000 QuickBooks Online small businesses. Real estate and construction sectors  showed the largest increases of 0.3 percent, while the health care industry saw the largest decrease of 0.07 percent. Hourly small business employees saw an increase in monthly compensation of 0.08 percent, with average monthly pay reaching the equivalent of $2,776, up $2 from September. Average monthly hours worked by hourly employees decreased by 0.03 percent to 109.1 hours in October, losing an average of two minutes over the month.   MailTribune.com Writer Posted Nov. 4, 2014 @ 1:02 pm » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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