Small business jobs at record, revenue faltering: Xero

Thu, 28 Jan 2021

Jobs in New Zealand's small businesses continue to grow, exceeding their pre-pandemic levels, but the post-lockdown surge in revenue through those businesses looks as if it's petering out.Figures provided by small business software provider Xero showed jobs provided by its customers were up 2.8 percent in December to a record compared with November, and up 3.2 percent on a year earlier.Jobs were also 6.4 percent above their pre-pandemic level in March last year.But revenue growth slowed to 1.4 percent in December from the previous Decem...

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