Minimal Shifts in U.S. Small Business Employment in September
September 30, 2025

Hourly earnings growth for workers ticks up in September, but remains below three percent
Rochester, N.Y. (September 30, 2025) – According to the Paychex Small Business Employment Watch for September, job growth among U.S. small businesses with fewer than 50 employees remains largely unchanged over the last year. The Small Business Jobs Index, a primary component of the Paychex report that measures the pace of job growth using payroll data from the company’s small business customers, has fluctuated just over a half percentage point over the last 12 months.
Read the full news release on the Small Business Employment Watch site.