Hourly Wage Growth Increased for the Third Month in a Row While Job Growth Slowed Slightly in November

December 04, 2018

The Paychex | IHS Markit Small Business Employment Watch for November shows that the tight labor market continues to make for challenging hiring conditions. The Small Business Jobs Index declined for the sixth consecutive month, falling 0.11 percent from October to 99.01 in November. Despite the low rate of job growth, the rate of hourly wage growth increased slightly, now standing at 2.38 percent ($0.63).

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

Manager, Public Relations
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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.