Small businesses increasing sales, employing more people
posted on 30th October 2022
October 2022 – Rising sales and slower increases in wages have signalled an improvement in small business prospects, new data from Xero shows
Xero NZ country manager Bridget Snelling said strong jobs growth in September was encouraging to see, and meant that small firms had the confidence to grow their teams and hire despite record low unemployment.
Snelling said the small business economy remained 'highly attractive to Kiwi employees' and was 'competing well with large businesses'.
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