Although revenue figures are down, U.S. small businesses are experiencing higher employment numbers, average compensation and hours worked, according to the Small Business Employment and Revenue Indexes by Intuit Inc.

In fact, small-business employment rose 0.3 percent in June, reaching an annualized rate of 4.1 percent, which is the strongest growth rate that respondents have faced in the last three months. This represents approximately 70,000 new jobs created; however, Intuit is recalibrating the index and expects these numbers to change.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?

Dig Deeper



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.