Paychex - IHS Small Business Jobs Index Rebounds in January
At 100.65, the Paychex | IHS Small Business Jobs Index rebounded 0.28 percent from the previous month to begin 2016. The January index indicates an increase in the rate of small business hiring, matching the highest level since May of 2015, and offsetting the growth rate declines of 2015. The Mountain region remains the top-performing regional index with the best year-over-year growth rate. Washington surpassed Texas to take the lead among states. Despite a drop in January, Dallas maintained its top ranking among metropolitan areas for the sixteenth consecutive month. Other Services (except Public Administration)*, as defined by the Bureau of Labor Statistics, ranked as the top industry sector, followed by Construction.
To read the full news release, visit the Paychex | IHS Small Business Jobs Index website.