Business

Hiring Flat At Texas Small Businesses

U.S. small businesses added 20,000 jobs in January, according to the latest analysis by Intuit Payroll.

U.S. small business employment rose just over 0.1% in January compared to December. At Texas small businesses, job growth was virtually flat.

“Small business employment, as a general matter, is doing sort of poorly compared to overall employment.”

Susan Woodward is an economist for Intuit.

“It fell for a longer time, and the recovery has been weaker. And then we had this odd spell of small business employment declining from April to October, but now it’s rising again, but it’s rising proportionately less than overall payroll employment is rising.”

The average monthly pay for small business employees fell 0.2% in January to less than $2,700. Monthly hours dropped nearly 1% to just over 105 hours.

 

Subscribe to Today in Houston

Fill out the form below to subscribe our new daily editorial newsletter from the HPM Newsroom.

* required

Share

Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments across Greater Houston. Before taking up his current post, Andrew spent five years as Houston Public Media’s business reporter, covering the oil...

More Information