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NFIB Jobs Report: Owners Report Mixed Employment Conditions

NFIB Jobs Report: Owners Report Mixed Employment Conditions

January 9, 2026

Unfilled job openings remain steady, compensation pressures increase

AUSTIN (Jan. 9, 2026)NFIB’s December jobs report found that 33% (seasonally adjusted) of small business owners reported job openings they could not fill in December, unchanged from November. Unfilled job openings remain above the historical average of 24%. Twenty-eight percent have openings for skilled workers (up 2 points), and 10% have openings for unskilled labor (down 2 points).

“The economic climate continues to support the small business labor market,” said Chief Economist Bill Dunkelberg. “Although employment conditions vary, fewer owners report labor as their biggest challenge while compensation pressures are escalating.”

“Unfortunately, Texas small business owners are not immune to the hiring challenges we see across the country. Our members have the positions; they just need qualified applicants,” NFIB State Director Jeff Burdett said.

A seasonally adjusted net 17% of owners plan to create new jobs in the next three months, down 2 points from November.

Overall, 53% of owners reported hiring or trying to hire in December, down 3 points from November. Forty-eight percent of owners (91% of those hiring or trying to hire) reported few or no qualified applicants for the positions they were trying to fill (down 2 points). Twenty-five percent reported few qualified applicants (down 5 points), and 23% reported none (up 3 points).

In December, 19% of small business owners cited labor quality as their single most important problem, down 2 points from November. Labor costs, reported as the single most important problem by small business owners, rose 1 point to 9%.

Seasonally adjusted, a net 31% of small business owners reported raising compensation in December, up 5 points from November. A net 24% (seasonally adjusted) plan to raise compensation in the next three months, unchanged from November.

Click here to view the entire NFIB Jobs Report.

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