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U.S. Small Business Employment Sees Modest Uptick in November

December 02, 2025
 

According to the Paychex Small Business Employment Watch, job growth and hourly earnings growth rates have remained steady this year.
Jobs index gains ground while hourly wage growth remains steady

Rochester, N.Y. (December 2, 2025) – According to the latest Paychex Small Business Employment Watch, which is based on the payroll data of Paychex’s customers with fewer than 50 employees, the small business employment growth rate edged higher in November. The report's Small Business Jobs Index rose to 99.38, up 0.11 percentage points from October, while hourly earnings growth increased marginally to 2.66%, demonstrating consistency across the small business sector.

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