In Unsettled Economy, Small and Mid-Sized Businesses Struggle with Staffing as Inflation Pressures and Rising Health Care Costs Persist
CBIZ, Inc. (CBZ)
Last cbiz, inc. earnings: 2/20 06:30 am
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Source: Business Wire
The CBIZ Main Street Index – Fall 2024 finds the majority of SMBs are evaluating staff levels, with many unable to fully utilize their workforce amid the looming presidential election CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Fall 2024 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). The index revealed that companies are facing growing staffing challenges, as rising business costs and economic conditions are prompting potential layoffs. Fifty-one percent of SMB owners surveyed say they are evaluating or changing current staff levels and outsourced partners to prepare for a potential economic downturn. Additionally, 62% of businesses report they are able to utilize their staff to its full capacity, down 7% from June.“We are at an inflection point in the economy, where uncertainty is high, and labor data trends are inconsistent. Many bu
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CBZ
News
- CBIZ, Inc. (NYSE: CBZ) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Infrastructure and Manufacturing Megaprojects Propel Construction Industry in Q3 2024PR Newswire
- CBIZ, Inc. (NYSE: CBZ) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Small Business Hiring Continues to Trend Downward in November [Yahoo! Finance]Yahoo! Finance
- Small Business Hiring Continues to Trend Downward in NovemberBusiness Wire
CBZ
Earnings
- 10/29/24 - Beat
CBZ
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/11/24 - Form 4
- CBZ's page on the SEC website