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Long Beach Small Business Monitor (LBSBM)

This Issue: Key Challenge for LB Small
Businesses Today - Finding Qualified Workers!

As unemployment hits record lows – 4.2% in LongBeach - Long Beach small businesses are having to deal with a shrinking supply of potential new workers. This is a key challenge because growth can only happen when small businesses have access to a steady stream of skilled people. In this issue we present survey data on hiring trends and challenges that Long Beach small business people say they are experiencing today. Also we list several of the local organizations that can help in finding and hiring new qualified
applicants.

Long Beach Unemployment Rate Reaches New Low! 

Call  Professor Scott Flexo for Explanation of Graphic 562985-7851

3rd Quarter 2018 (pdf)

Purpose

The purpose of the Long Beach Small Business Monitor is to provide the greater Long Beach region and community an understanding of the expectations and desires of small business owners

Survey Methods

The results are based on surveys of 300 small business people randomly selected from all Long Beach small businesses of 50 employees or less. Results are based on a probability sampling of 300 small businesses in Long Beach, CA (2-50 employees). Under the direction of Dr. Flexo, Marketing Systems Group (www.m-s-g.com) generated a random sample from their frame of all small businesses with addresses in Long Beach. The sample was sent to Opinion Access Corporation a professional data collection facility (www.opinionaccess.com). Each record was called by a professionally trained interviewer at OAC. A final sample of 300 interviews with small business were collected using this industry standard procedure. These results have a statistical margin of error of +/-5.5%.

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