NFIB says small business job creation weak in July - MarketWatch

WASHINGTON (MarketWatch) - Fewer small businesses added workers in July but hiring intentions rose slightly, according to a new industry survey. The National Federation of Independent Business on Thursday said more companies reduced the size of their staff than increased it over the past month, marking the third straight negative reading. Some 12% of small businesses trimmed jobs while 9% added workers. The rest of the companies recorded no change. Yet looking ahead, plans to add more employees reached the highest level since August 2012, though hiring intentions remained weak. "Overall, there is not a lot of promise for new job growth," said William C. Dunkelberg, chief economist of the NFIB.

Source: http://www.marketwatch.com/story/nfib-says-small-business-job-creation-weak-in-july-2013-07-31

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