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Paychex Small Business Jobs Index Improves for the Fourth Consecutive Month

June 30, 2026
 

According to the June Paychex Small Business Employment Watch, the pace of job growth among U.S. businesses with fewer than 50 employees improved for a fourth consecutive month.
Job gains were broad based while hourly earnings growth remains below three percent

Rochester, N.Y. (June 30, 2026) – The Paychex Small Business Jobs Index – a primary component of the monthly Paychex Small Business Employment Watch report – shows the pace ofjob growth among U.S. small businesses with fewer than 50 employees improved for the fourth consecutive month in June, matching its highest index level since August 2025 (99.83) and marking the first four-month consecutive increase since November 2020. While gains were broad based, increases across the West region (1.22 percentage points) and the Leisure & Hospitality sector (1.68 percentage points) helped drive jobs index gains in June.

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

Tracy Volkmann

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.

585-387-6705
tvolkmann@paychex.com

Manager, Public Relations