Wages Rising at Small Firms

3/8/18
 
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from The Wall Street Journal,
3/8/18:

NFIB survey shows businesses hiring more workers, but not as many as they’d like.

Call them labor-force participation trophies, but they are very well-deserved. With many Americans still sitting on the economic sidelines, workers are increasingly earning raises from small businesses that can’t find qualified applicants for all the available positions. That’s the message of the latest National Federation of Independent Business jobs report, due out later today.

The February survey of owners of small firms finds solid job creation, and historically high numbers of businesses lifting wages to attract and keep talent. Survey respondents reported a seasonally adjusted average employment increase per firm of 0.22 workers. NFIB Chief Economist William Dunkelberg calls it “a strong showing”

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Wages Rising at Small Firms