Small businesses in the U.S. added 25,000 jobs in June, but small business job growth in Alabama remains slow, according to a new report.
Intuit Payroll’s June Small Business Indexes said employment at Alabama’s small businesses increased by just 0.01 percent in June. That’s below the national average of 0.12 percent.
The report said revenue at small businesses across the nation dipped by 0.4 percent, with construction the only industry recording growth (0.6 percent). Revenue dropped 1.1 percent for the real estate, rental and leasing services sector.
Average monthly pay for small business employees increased to $2,721 and the average monthly hours worked totaled 108.9 hours.
Jul 2, 2013
- Alan Alexander
- Editorial intern- Birmingham Business Journal