Small Businesses Added 35,000 Jobs in May: Report

Chicago weather is dreary and confusing and very weird, so here’s some sunny news: According to Intuit Payroll’s May Small Business Indexes, “revenue trends of the nation’s small businesses with fewer than 20 employees shows that small businesses created 35,000 jobs in May.”

Also from the Indexes:

  • “The revenue index indicates that small businesses overall saw revenue decline in April of 0.6 percent. Among the industries tracked by the Index, none saw an increase last month.
  • The ‘Real Estate, Rental, and Leasing services’ industry saw the biggest decline in April at 1.5 percent, followed by ‘Retail’ with a 0.8 percent declined, followed by ‘Healthcare and Social Assistance’ services with a 0.7 percent decline.
  • Average monthly pay for small business employees remained the same at $2,676 in May, or 0.0 percent; and monthly hours worked decreased 0.12 percent in May, corresponding to 106.7 hours.”

Apparently, small business revenues are approaching pre-2007 recession levels. So, keep it up, small businesses! You can read more here.

David Wolinsky is a freelance writer and a lifelong Chicagoan. In addition to currently serving as IFC’s comedy, film, and TV blogger, he's also a comedy-writing instructor for Second City and an adjunct professor in DePaul’s College of Computing and Digital Media. (He also co-runs a blog behind the DePaul class, DIY Game Dev.) He was the Chicago city editor for The Onion A.V. Club where he provided in-depth daily coverage of this city's bustling arts/entertainment scene for half a decade. His first career aspirations were to be a game-show host.

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