ince March – that’s more than 3 months ago now – we’ve dealt with a lot of troubling news for small business (and big business, too).
But it appears we may be seeing some positive changes.
Just this week, we learned of several developments that indicate businesses are ready to get back to work and most importantly, so are employees, including yours.
First, it’s the fact that jobs are coming back. That’s good for workers who worried about their futures. And of course, it’s great news for companies like your small business.
In the latest ADP Small Business Report, small businesses across the country added nearly 1 million jobs to the US economy between May and June. Now, there’s still work to do. At the height of the pandemic, small businesses lost more than 6 million jobs. But for 2 straight months, ADP reports job gains for small business. And that’s certainly good news.
For more on this, check out: Small Business Adds Close to 1 Million Jobs from May to June, ADP Reports
Businesses in These Cities Haven’t Felt the COVID Pandemic Too Hard
The pandemic impacted businesses of all sizes across the country. But companies in some cities didn’t bear the brunt of the business shutdown orders as much as others. LendingTree recently analyzed data to see what American cities saw the least negative impact as a result of the pandemic response.
Only 12% of Salespeople Believe Automation Will Take Their Job
Automation is making a huge impact on small businesses and the workforce as a whole. But salespeople aren’t generally concerned about losing jobs to automation. A recent report on the state of retail sales from Raydiant, a digital signage platform for businesses, found that only 12% of retail sales professionals believe that their jobs will be taken by robots in the coming years.
45% More Productive Working at the Office, Not Home
Office productivity vs. home productivity. Right now, there’s a dilemma facing many employers. Where are your employees at their best? Almost half (45%) of workers say they are more productive working in an office than remotely. The sentiment to work more productively in an office comes at a time when an unprecedented number of employees are working remotely.
PPP Loan Application Deadline Extended to August 8
If you didn’t complete an application for a Paycheck Protection Program (PPP) loan before the previous deadline, you’re in luck. On July 4, President Donald Trump extended the deadline for PPP loan applications for more than another month. The new deadline for PPP loan applications is August 8.
