August 25, 2016Short-term hiring plans are positive but not by much with 16 per cent of business owners planning to hire full-time staff and 9 per cent expecting to cut staffing. Almost half of respondents (52 per cent) characterize their firms in good shape and only 12 per cent see them in poor shape. Optimism in New Brunswick remained virtually unchanged in August with a Business Barometer Index of 63.0.
June 3, 2016Business optimism in New Brunswick saw little change in May. The current level of 57.0 is slightly below the national average. Short term hiring plans improved slightly, with 20 per cent of business owners planning to hire full-time staff and 9 per cent expecting to cut numbers. Wage costs as well as tax and regulatory costs are—by far—the main cost constraints on small firms.