Business

Intuit: Small business adds 50,000 jobs in January

Pat McMahon Contributor
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Small businesses added 50,000 new jobs in January but paid employees slightly less and gave them fewer hours, according to Intuit Inc.’s INTU -1.41% monthly small business employment index.

For the period spanning Dec. 24 to Jan. 23, Intuit reported small business employment inched up 0.2%, equating to an annual growth rate of 2.9%.

During the month, small business hourly employees worked an average of 107.5 hours, down slightly from 107.6 hours in December.

Full story: Intuit: Small business adds 50,000 jobs in January

Pat McMahon