Small-business Job Creation Continues To Be Anemic: NFIB

Job-creation continued to be "anemic" in July, said Bill Dunkelberg, the chief economist for the National Federation for Independent Business on Thursday. According to a monthly survey, plans to hire improved 3 points to a net 12% on a seasonally adjusted basis in July. Job creation plans remained weakest on the East Coast. "July's anemic jobs reading offers little to no support for a lower unemployment rate," Dunkelberg said. The survey found 25% of all owners reported job openings in July up 1 point from the prior month, but 4 points below the highest reading for the year.