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Paychex - IHS Markit Small Business Employment Watch: Employment Growth Declines for the Third Month; Hourly Earnings Up

May 30, 2017

The Paychex | IHS Markit Small Business Employment Watch for May shows a continued decline in small business job growth, but an increase in wages for the fourth consecutive month. According to the report, the Small Business Jobs Index declined 0.16 percent in May to 100.34, a 0.25 percent decrease in growth year-over-year and its weakest three-month change since July 2009 (-0.44 percent).  National hourly earnings in May were $25.76, increasing 2.87 percent ($0.72) year-over-year.

 

Read the full news release.

Lisa Fleming
Manager, Public Relations
585-387-6402

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.