U.S. small businesses created 55,000 jobs in November but employees worked fewer hours and earned less money, according to a survey on Tuesday that highlighted the still weak labor market conditions.
The average work week for small business employees fell 0.3 percent to 24.9 hours, while the average monthly salary slipped 0.18 percent to $2,637.
“Total compensation is down, part-time workers aren’t getting as many hours, and there are fewer hourly employees who are working full time,” said Susan Woodward, the economist who helped to develop the survey.
Full article at Reuters.
Image courtesy photologue_np
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