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Employment Metrics - March Result


Employment Metrics - April Forecast

Inside This Issue

  • Employment Report: Net TriNet employment levels grow 0.66% in March, over 7x the national average,
    but down 40.9% from February.
  • Trends in the Personal Services Industry: Personal Services companies in California grow employment by 4.39% for Q1 with the highest average salary of $88.5K in the nation.

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About SMBeat

SMBeat provides a detailed analysis and a predictive forecast for trends in key human capital economic indicators for small businesses. All reported statistics are seasonally adjusted unless otherwise indicated. All reported months begin 7 days prior to the beginning of the current calendar month and end 7 days prior to the beginning of the next calendar month. TriNet generates payroll information by tracking real-time movements within its base of approximately 5,000 entrepreneurial businesses whose employees earn approximately $100,000 in annual base salary. These companies fall primarily into three broad industry segments: technology, professional services, and financial services. SMBeat aggregates and reports data reflecting compensation, hiring and retention (both involuntary terminations and voluntary resignations), and also provides ongoing analysis of contributing factors to these trends, including regional, industry and seasonal variables. Slight adjustments will be made to historical figures in time series charts if and when updated employment information about actual prior periods is obtained.