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Small Business Job Growth Rebounds in September; Wage Growth Also Increases

October 01, 2019
SBEW Newsroom October

El crecimiento del empleo y de los salarios de las pequeñas empresas experimentan el mayor aumento de un mes desde 2016

Job growth increased in September, as did hourly and weekly earnings growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. At 98.22, the national jobs index experienced its largest gain in three years (0.21 percent), breaking with recent trends; however, the index remains down 0.97 percent year-over-year. In September, hourly earnings growth rose at its fastest one-month pace since 2016 to 2.77 percent ($0.74). Weekly earnings growth continued its upward trend as well, reaching 2.93 percent.

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