Small Business Jobs Index Continues Solid Pace of Employment Gains

The Paychex | IHS Small Business Jobs Index remained steady in August, up modestly, 0.02 percent, from the previous month. At 100.70, the national index is up 0.22 percent from a year ago. Mountain reclaimed its lead among regions, pushing South Atlantic to the second-ranked spot. Washington continued as the top-ranked state index at 104.30, while California is down 0.82 percent from a year ago and nearing a five-year low. Seattle increased its lead among metros with the strongest one-month gain at 0.92 percent. There was little movement among industries in August, yet Manufacturing continues to struggle, down 0.85 percent from a year ago.

To read the full news release, visit the Paychex | IHS Small Business Jobs Index website.