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U.S. Small Business Employment Trends Hold Steady in October

November 03, 2026
 

According to the Paychex Small Business Employment Watch, job growth (99.21) among U.S. small businesses with fewer than 50 employees held steady in October.
Job growth remains consistent as weekly hours worked growth stays positive

Rochester, N.Y. (November 3, 2026) – According to the Paychex Small Business Employment Watch, job growth among U.S. small businesses with fewer than 50 employees held steady in October. Hourly earnings growth remained below three percent for the 26th consecutive month, while weekly hours worked growth was positive for an eighth consecutive month, as employers continue to meet demand by increasing hours among their existing workforce.

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