Small Business Hiring Surges, Labor Market Tightens
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Small business hiring surged in February, with the Small Business Employment Index rising to 103.5. Fifty-four percent of owners reported hiring, with skilled labor positions particularly hard to fill. In Indiana, a new tax credit for childcare costs aims to attract and retain workers. While a net twelve percent plan new jobs in the next three months, labor quality dropped as a top concern. Despite this, a net thirty-four percent raised compensation, indicating a competitive job market.
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