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Small Business Hiring and Wage Growth Hold Steady in May

June 04, 2019

The Paychex | IHS Markit Small Business Employment Watch shows small business job growth remained consistent; Hourly earnings growth is slightly above the 2018 average

The Paychex | IHS Markit Small Business Employment Watch for May shows job and wage growth were essentially unchanged from the previous month. The national jobs index stands at 98.76 and has been relatively stable throughout 2019. Hourly earnings have increased 2.53 percent ($0.67) over the past 12 months, remaining slightly ahead of the 2018 average growth rate (2.49 percent).

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

Lisa Fleming
Manager, Public Relations
585-387-6402

Lisa Fleming

Lisa Fleming joined Paychex in 2006 and last year was promoted to the position of public relations manager. As part of her role, Lisa leads the department’s external communications efforts and manages the company’s relationship with its outside PR agency partner, Eric Mower & Associates. Lisa is a graduate of Canisius College in Buffalo, New York where she studied English and Communications.

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