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Hourly Earnings Growth Streak Continues; Small Business Hiring Holds Steady in March

March 29, 2022

Small Business Employment Watch March 2022

Hourly earnings growth continued to advance for the tenth consecutive month for workers of U.S. small businesses, according to the latest Paychex | IHS Markit Small Business Employment Watch. The report also showed that national small business job growth remained near its recent record high, moderating 0.03 percent in March. The national jobs index stands at 101.29, increasing 7.47 percent over the past year. Hourly earnings growth grew to 4.76 percent year-over-year.

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