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Small-business hiring plans reach highest level since 2007

from Los Angeles Times via Richmond Times-Dispatch

The percentage of small-business owners planning to hire more workers rose last month to its highest level since 2007, according to the National Federation of Independent Business. The Small Business Economic Trends Survey also showed that sales were down and small businesses cut workers for the fourth straight month in August, with the average firm shedding 0.3 employees. But plans for new hiring in the next three months surged by 7 percentage points in August. The 16 percent of businesses anticipating expanded employment was the best since before the recession began. more


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