News Summary: Small biz hiring still slow

AP News
Posted: Nov 01, 2012 4:27 PM

CREEPING UP: Payroll service ADP said small businesses added 50,000 workers in October, and medium-sized businesses added 27,000. The National Federation of Independent Business said a survey of its members showed that employment at small companies crept up an average 0.02 workers during the month.

NO RUSH: Small business owners are waiting to see what happens to their companies' revenue and the economy, and for the results of next week's election.

STAY TUNED: The Labor Department is set to release its report on October employment Friday.