Small Business Employment Growth Slowed in January

Small businesses in the U.S. added 10,000 jobs in January, according to QuickBooks maker Intuit, although the pace of growth slowed slightly. Meanwhile, hourly employees made slightly less money and worked fewer hours, Intuit reported Tuesday. Overall, small business revenue declined 0.5 percent in December. Those are among the findings of the monthly Intuit Inc. Small Business Employment and Revenue Indexes. The figures also revealed that employment increased 0.04 percent from December to January. In addition, average monthly compensation fell 0.02 percent in January, a decrease of 50 cents from December.