3 Reasons Why Small Business Hiring May Finally Take Off

Written by on February 24, 2012 in Small Business News - No comments
Small Business Hiring Report | BizEngine

It’s been an extremely long time coming, but it appears that small business hiring may be really and truly trending up. It’s a real victory for small business jobs.

If you want some evidence that this has been a staggeringly long drought for hiring—both small business and big business have been affected—then look no further than this Gallup poll. The fact that 14 percent more business owners expect hiring to increase this year than don’t is the largest such margin since January 2008, which you may remember as a time before the bottom had completely fallen out of the economy. It’s a statement on how far we’ve collectively come in the last four years, even if it’s more than a little sad that it took four years.

You’re probably wondering what’s driving this sudden spark of optimism and, hopefully, companies that are hiring that may lay ahead. As I see it, there’s basically three factors here:

  1. The economy is actually improving, which makes small businesses more optimistic about getting…well, business
  2. That optimism drives expansion, which creates more work
  3. There’s a market full of qualified workers who have been waiting for a chance to tackle that extra work and may now get it

Of course, this wouldn’t be a post about small business hiring if I didn’t add in a caveat. The actual reported hiring from 2011 and January 2012 has been pretty sluggish, casting doubt on the optimism. There’s also the fact that full-time hiring is still low, with many small businesses preferring to bring in temporary or part-time employees. It’s not like we’re going to see a massive surge that will erase unemployment, unfortunately.

Still, optimism is optimism, and we may be heading for greener pastures now. If it’s slow improvement, it’s still improvement.

What are your thoughts on our report?

Follow Us On Twitter! | Join Us On Facebook

Photo credit to http://www.istockphoto.com/stock-photo-18340446-attractive-woman-holding-hired-sign.php?st=60f2536

About the Author

Dave Choate is the lead writer for BizEngine, longtime blogger and voracious reader of all things business and news. Dedicated to delivering small business news, information and analysis that matters.

Leave a Comment


− two = 5