The Paychex | IHS Markit

Small Business Employment Watch

Small businesses represent nearly 95 percent of all U.S. employers. Monitoring their performance — the number of people they employ and wages they're paying — is an important indicator of the health and direction of the overall economy. The Paychex | IHS Markit Small Business Employment Watch draws from the payroll data of approximately 350,000 Paychex clients to gauge small business wage and employment trends on a national, regional, state, metro, and industry basis. Use this powerful tool, the only one of its kind to focus exclusively on small businesses, for real-time insights into the health of the economy.

Data as of May 2, 2017

Small Business Jobs Index

Month
April
Index
100.50
12-Month Change
-0.27%

Small Business Wage Data

Month
April
Hourly Earnings
$25.67
12-Month Growth
+2.73% (+$0.68)