Gains in Small Business Job Growth Continue in September
National job growth continued to tick upward in September, according to aggregated payroll data of approximately 350,000 clients provided by Paychex. The data released in the latest report of the Paychex | IHS Markit Small Business Employment Watch shows the Small Business Jobs Index reached 99.95. The pace of small business employment growth improved throughout the summer, though monthly gains slowed considerably in August (0.45 percent) and in September (0.15 percent). Hourly earnings growth increased to 3.68 percent for the month, its fourth consecutive increase.
Read the full news release on the Small Business Employment Watch site.