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Key Indicators of Small Business Employment Show Stability Amid Recent Surge in COVID-19 Cases Across the U.S.

December 01, 2020

Paychex IHS Small Business Employment Watch Screenshot
The report by Paychex and IHS Markit shows slight moderations in national job growth, weekly hours worked, and percentage of annual wage growth

The latest IHS Markit Small Business Employment Watch shows that small business hiring remained largely consistent with the prior month, moderating slightly, down 0.03 percent nationally to 94.29. In November, hourly earnings growth stood at 2.76 percent, while weekly hours worked showed a decrease of 0.04 percent year over year.

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

Lisa Fleming

Lisa Fleming

Lisa Fleming joined Paychex in 2006 and last year was promoted to the position of public relations manager. As part of her role, Lisa leads the department’s external communications efforts and manages the company’s relationship with its outside PR agency partner, Eric Mower & Associates. Lisa is a graduate of Canisius College in Buffalo, New York where she studied English and Communications.

Manager, Public Relations