Economics
Record Shares of U.S. Small Firms Report Hiring Plans, More Pay
- NFIB survey shows 28% of companies plan to add workers
- About four in 10 small firms raised compensation in June
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Record shares of U.S. small-business owners reported increasing compensation and plans to add workers, according to the National Federation of Independent Business.
Some 28% of firms last month said the planned to hire in the next three months, while 39% of owners reported raising worker pay, the NFIB said Thursday. Those were the largest shares in monthly data back to 1986.