Small-business managers are expecting hiring activity within their organizations to improve in 2011, according to a new survey. However, they say it will likely be hindered by continued challenges related to accessing credit, government regulations and health insurance costs.
The survey, by CareerBuilder, found that 51% of the more than 1,350 small businesses polled reported that they are in a better financial position than they were a year ago, but overall they remain cautious in their recruitment plans. Job growth for this segment is expected to be better in 2011, but will continue at a modest pace.