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U.S. Small Business Hiring Plans Fall to Six-Year Low in May, Down 4 Percentage Points

2026-06-04 21:55:03

According to the National Federation of Independent Business (NFIB), U.S. small business hiring intentions and job opening rates both fell to six-year lows in May. Seasonally adjusted, 9% of small business owners plan to add jobs in the next three months, down 4 percentage points from April, while the share of firms reporting they cannot fill job openings declined 5 percentage points to 29%. Both metrics reached their lowest levels since May 2020.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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