Hiring by small US companies hits a three-month low
aljazeera | July 05, 2019
A variety of labor-market indicators at small U.S. businesses declined in June, according to a private monthly survey, adding to signs of cooling ahead of the government's employment report.The share of small companies planning to hire fell by 2 percentage points to 19%, a three-month low, and the proportion saying they were unable to fill openings dropped to 36%, the lowest since January, a National Federation of Independent Business report showed Thursday.On the wage front, 28% of businesses reported raising compensation, down 6 percentage points and the weakest since 2017, while the share planning to boost wages also declined.