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Hourly Wage Growth Increased for the Third Month in a Row While Job Growth Slowed Slightly in November

December 04, 2018
Computer screen showing small business employment watch

The Paychex | IHS Markit Small Business Employment Watch for November shows that the tight labor market continues to make for challenging hiring conditions. The Small Business Jobs Index declined for the sixth consecutive month, falling 0.11 percent from October to 99.01 in November. Despite the low rate of job growth, the rate of hourly wage growth increased slightly, now standing at 2.38 percent ($0.63).

Lea el comunicado de prensa completo en el sitio Small Business Employment Watch .