Annual NewtekOne Survey on SMB Hiring Plans
Yesterday, NewtekOne announced the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 2,600 respondents, one of the key findings from the April survey is 70% of business owners do not plan on hiring in the next 6 to 12 months. Of those polled 49% hire employees who have recently graduated from college, while 51% do not. Additionally, 39% of business owners believe the unemployment rate will be lower by the end of the year, with 37% believing it will remain the same and 24% believing it will be higher.
The full April 2013 results showed the following:
|
Poll Question |
Poll Answer |
2013 Percentage |
2012 Percentage |
|
Do you plan on hiring in the next 6 to 12 months? |
Yes |
30% |
33% |
|
No |
70% |
67% |
|
|
Does your company hire employees who have just graduated from college? |
Yes |
49% |
42% |
|
No |
51% |
58% |
|
|
Do you think the unemployment rate will be higher, lower or the same by the end of the year? |
Higher |
24% |
26% |
|
Lower |
39% |
40% |
|
|
Same |
37% |
34% |
