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Small Business Hiring Maintains Pace; Workers Continue to See Stronger Wage Gains in February

March 01, 2022

Small Business Employment Watch February 2022

National small business job growth remained at consistent levels in February and hourly earnings growth continued to increase for workers, according to the latest Paychex | IHS Markit Small Business Employment Watch. The national jobs index was unchanged for the month at 101.33, matching the record level set in January and increasing 7.83 percent over the past year. Hourly earnings growth reached a new record high, growing to 4.82 percent year-over-year.

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