The National Federation of Independent Business (NFIB) released its monthly Jobs Report, revealing that 36% of small business owners reported unfilled job openings in June, a slight increase from May. Tray Abney, NFIB Nevada State Director, commented on the report: “With our Legislature having adjourned until 2027 and Governor Lombardo having blocked some of the worst bills on small businesses, Nevada’s most important job-creators will now have the time to better calculate and plan for hiring decisions.”
The NFIB’s Jobs Report is a national survey targeting NFIB-member small-business owners. These members typically employ between one and nine people with gross sales around $500,000 annually.
Bill Dunkelberg, NFIB Chief Economist, noted the challenges facing small business owners despite a slowing labor market. “Despite the slowing labor market, many small business owners are still looking to attract applicants and hire for their open positions. Compensation pressures remain strong for those owners who are competing to retain and attract talent in their business,” he stated.
In June, 58% of small business owners were either hiring or attempting to hire, marking an increase from May. Seasonally adjusted data showed that a net 33% of these owners raised compensation during the month—a significant rise since January 2020. However, only a net 19% plan to raise compensation over the next three months.
Job openings were notably high in industries such as construction, manufacturing, and transportation but lower in finance and agriculture sectors.
For further updates on Nevada’s small business developments, visit www.nfib.com or follow NFIB on X @NFIB_NV.
The NFIB has been advocating for America’s small and independent businesses for over 80 years across all state capitals and Washington D.C., remaining dedicated to this cause since its inception in 1943.
