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Paychex IHS Markit Small Business Employment Watch: Wages Show Positive Momentum as Job Growth Continues to Moderate Amid Tightening Labor Market

May 01, 2018

According to the latest Paychex | IHS Markit Small Business Employment Watch, wage growth accelerated in April, while the pace of monthly small business job growth continued to tighten. The Small Business Jobs Index fell 0.12 percent for the month and is down 0.96 over the past year to 99.53. Hourly earnings grew $0.70 to $26.56, up 2.69 percent from last year.  One-month annualized hourly earnings growth in April was 3.25 percent, reaching a two-year high.

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Lisa Fleming
Manager, Public Relations

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.