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Small businesses reversed a months-long trend of declining payrolls by hiring more workers as the second quarter ended, and salaries of workers at small companies also rose modestly, according to the SurePayroll Small Business Scorecard.
The hiring boost was a step in the right direction for a small-business employment picture that has been dismal for more than a year, says Michael Alter, president of the Glenview, Illinois, accounting service that compiles the Scorecard. The hiring portion of the index rose 4 points in June to 10,439, but it's still down from June 2005 and for 2006 overall.
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