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U.S. Small Business Wage Growth Remains Steady in February

March 03, 2026
 
According to the latest Paychex Small Business Employment Watch, hourly earnings growth among U.S. small business workers remained below three percent for the 16th consecutive month.
Hourly earnings growth remains below three percent for the 16th consecutive month

Rochester, N.Y. (March 3, 2026) – According to the latest Paychex Small Business Employment Watch, the Small Business Jobs Index registered 98.77 in February. Meanwhile, hourly earnings growth among small business workers was 2.78% in February, remaining below three percent for the 16th consecutive month. The Small Business Employment Watch reflects the payroll data of a subset of Paychex U.S. small business clients with fewer than 50 employees.

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