By: Katy Grimes
While small businesses across the nation created 20,000 new jobs this month, California lost small business jobs, according to Intuit Payroll’s Small Business Index. The Intuit Small Business Employment Index is a measure of employment for businesses with fewer than 20 employees. This month, eleven states showed job gains, two remained flat, and 20 showed declines
The Intuit Small Business Employment Index is a measure of employment for businesses with fewer than 20 employees. This month, eleven states showed job gains, two remained flat, and 20 showed declines. Utah and Nevada saw the largest increases.
“Overall small business revenue dropped 0.4 percent in December – down for 10th straight month according to the Intuit’s Small Business Revenue Index, which lags the employment index by one month,” the Dallas Morning News reported. “Construction was the only industry to see a revenue increase last month – up 0.3 percent. Small business revenue is just now reaching pre-recession levels.”
How California rated
Compared to Nevada’s increase of 0.17 percent, and the increase of 0.02 percent enjoyed by Texas, California small businesses lost jobs by 0.07 percent, according to Intuit.
And, it is important to note that while Californians are paying more to the state in taxes, in addition to paying the highest taxes in the country, Texas Governor Rick Perry just called for returning “excess tax money” to taxpayers yesterday.
The states with small business job increases are, Nevada, Utah, Colorado, Arizona, Texas, Missouri, Tennessee, North Carolina, South Carolina, Georgia and Louisiana.
According to the National Federation of Small Business California, small businesses account for more than 97 percent of all jobs in California. It’s just too bad that the super majority isn’t listening.
Source: Katy Grimes, Calwatchdog.com news reporter