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U.S. Small Business Employment Remains Consistent Throughout 2025

January 06, 2026
 
The Paychex Small Business Employment Watch showed little change in the pace of job growth in 2025 while hourly earnings growth remained below three percent all year.
Hourly earnings growth below three percent for the 17th consecutive month

Rochester, N.Y. (January 6, 2026) – According to the Paychex Small Business Employment Watch, 2025 marked a year of consistency for U.S. small business job and wage growth trends. The monthly report’s Small Business Jobs Index, which reflects the payroll data of Paychex’s customers with fewer than 50 employees, experienced minimal change throughout the year and averaged 99.67 in 2025. Meanwhile, hourly earnings growth (2.71%) closed the year below three percent for the 17th consecutive month.

Read the full news release on the Small Business Employment Watch site.

Tracy Volkmann

Tracy Volkmann

Tracy Volkmann comenzó a trabajar en Paychex en julio de 2014 y actualmente administra las relaciones públicas de la empresa. En este cargo, es responsable de liderar la función de relaciones públicas, proteger la reputación de la empresa e impulsar una cobertura positiva de medios obtenidos para Paychex. Tracy pasó siete años en West Point: se graduó de la Universidad de San Buenaventura y comenzó su carrera en comunicaciones de deporte universitario.

585-387-6705
tvolkmann@paychex.com

Gerente de Relaciones Públicas