Online job market site CareerBuilder releases the results of a survey of U.S. small businesses, which found nearly one-third of small businesses are planning to hire employees in the second half of 2010.
The latest survey from online human capital management company CareerBuilder
found that small businesses plan to be hiring in the second half of 2010.
Thirty-two percent of companies with 500 or fewer employees plan to add new
employees in the months of July through December, the survey found, while 21
percent will hire full-time, 11 percent will hire part-time, and six percent
will hire contractors or temporary workers. The online survey, conducted by
Harris Interactive, was completed in June 2010 and included more than 1,300
employers in businesses with 500 or fewer employees and more than 4,400
The survey found 24 percent of companies with 50 or fewer employees plan to
hire in the second half of 2010. In addition to new jobs being added, new small
businesses may be emerging to serve as a primary or secondary source of income,
the report noted. Of workers who have started a small business in the last
year, 96 percent reported that they run a small business in addition to another
job. More than one-quarter (26 percent) of workers who were laid
off in the last six months and have not found jobs said they are considering
starting their own business instead of finding a new job.
According to the U.S. Small Business Administration, small businesses employ
just over half of all private sector employees and account for more than half
of nonfarm private gross domestic product. They have also generated 64 percent
of net new jobs over the past 15 years.
"Historically, it has been the small business sector that has created
the most jobs at the end of an economic downturn, allowing the overall job
market to bounce back faster," said Brent Rasmussen, president of
CareerBuilder North America. "The intellectual capital that companies were
forced to lay off over the past 18 to 24 months was substantial, and it is not
surprising that many individuals are using their business skills to create
their own opportunities."
The report also provides a series of tips for job seekers who are thinking
about becoming their own bosses, such as establishing yourself through
contracting, leveraging social media to promote your services, and considering
a franchise. "Going in on a franchise business with others or on your own can
be a great way to dip your foot into the water of owning your own business,"
the report suggests. "Purchasing a franchise typically gives you the right to
trademarked names and materials in exchange for a percentage of your profits."
Nathan Eddy is Associate Editor, Midmarket, at eWEEK.com. Before joining eWEEK.com, Nate was a writer with ChannelWeb and he served as an editor at FierceMarkets. He is a graduate of the Medill School of Journalism at Northwestern University.