According to the January CBIZ Small Business Employment Index, which analyzes hiring trends among companies with 300 or fewer employees, declined by 2.75 percent in January after a 1.75 percent growth in December.

"January's numbers express a decline in overall employment from December levels," says Philip Noftsinger, business unit president for CBIZ Payroll Services. "Our SBEI is not seasonally adjusted; therefore, our numbers for January are consistent with January 2011, which showed a decline of 2.62 percent versus 2.75 percent for January 2012."

Among the respondents, 34 percent say there was a dip in the employee headcount while 18 percent say they increased staffing. Another 48 percent of respondents say they maintained their work force numbers.

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