Sign In
Upcoming Event
Free Newsletter
PHOTO/GETTY IMAGES
NFIB reports employment market remains flat
Listen to this articleThere’s been little change in the employment market according to the NFIB‘s May Jobs Report.
The report shows that the Small Business Employment Index remained essentially flat, registering 100.3 in May after measuring 100.4 in April.
The NFIB said this is the third consecutive month the Index has declined. The current reading is now below the 2025 average of 101.2, but still slightly above the historical average of 100.
NFIB Pennsylvania State Director Greg Moreland said, “Small business owners have scaled back their hiring plans due to increased cost pressures, and trouble finding qualified applicants. It’s important that lawmakers consider the small business labor market before imposing more costly mandates on Pennsylvania small employers.”
In May, 29% of small business owners reported job openings they could not fill, down 5 points from April and marking the lowest level since May 2020. Twenty-seven percent have openings for skilled workers (down 2 points), and 9% have openings for unskilled labor (down 4 points).
A seasonally adjusted net 9% of owners plan to create new jobs in the next three months, down 4 points from April and marking the lowest level since May 2020. Plans to hire are now below its historical average of a net 11%.
