The monthly Jobs Report from the National Federation of Independent Business (NFIB) shows that the Small Business Employment Index remained flat at 100.3 in May, down from 100.4 in April. This marks the third consecutive month of decline, with the current reading falling below the 2025 average of 101.2 but still slightly above the historical average of 100.0.
“With labor costs at an all-time high, it’s understandable that small business owners are putting new job…
