Hourly Wage Growth Among U.S. Small Business Workers Near Five-Year Low
Rochester, N.Y. (September 2, 2025) – According to the Paychex Small Business Employment Watch for August, job growth among U.S. small businesses with fewer than 50 employees remained flat, consistent with trends observed for the last year, while national hourly earnings growth for workers reached its lowest level since December 2020 at 2.58%, continuing to trend below three percent for the 10th consecutive month.
Read the full news release on the Small Business Employment Watch site.
Tracy Volkmann
Tracy Volkmann began working at Paychex in July 2014 and currently manages public relations for the company. In this role, she is responsible leading the PR function, protecting the company's reputation, and driving positive earned media coverage for Paychex. Tracy is a graduate of St. Bonaventure University and started her career in collegiate athletic communications, having spent seven years at West Point.