June 18, 2024
June Main Street Health Report: Due to early heat wave, businesses are experiencing a cool-off
Key findings:
- Based on at least one clock-in, small business owners saw the lowest number of employees working in June over the past three years.
- Southern and Western states were hit the hardest, but Northern and Midwest states also experienced a slowdown because of the abnormal temperatures.
- All industries are feeling the labor impact, with fewer employees working compared to previous years.
- The entertainment & hospitality industries continue to outpace other industries in terms of growth, even with temperatures rising.
Plus! Details on employee activity, hours worked, and geographic- and industry-specific employment trends.