Early data from the National Federation of Independent Business (NFIB) show positive job growth in February, according to Calculated Risk .
Although similar reports have been improving recently, most showed either near zero or slightly negative growth, indicating that small businesses were contracting at a slower rate. However, for the past five months, small firms’ hiring plans have been consistently positive.
According to the new survey, plans to create jobs jumped up two points to a net 5 percent of all firms. While this may not seem like a big number, it represents a huge improvement over the low mark of negative 10 percent in March 2009.