Employment at small businesses in the U.S. stayed stagnant in February, while the average number of hours worked and monthly wages both increased. However, overall, small business revenue declined 0.09 percent in January.

Intuit’s monthly Small Business Employment and Revenue Indexes also found that 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.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access