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Small Business Job Growth Strong in First Quarter

March 29, 2016

Small Business Jobs Index

The Paychex | IHS Small Business Jobs Index moderated slightly—from 100.75 in February to 100.74 in March. The first quarter of 2016 marks the index’s best three-month increase in two years, with a gain of 0.36 percent. The Mountain region remains the top-performing regional index. Washington extends its lead among states, increasing 0.39 percent to an index level of 103.93. Seattle ranks as the top metro area for small business job growth, overtaking Dallas, which had held that position for well over a year. Other Services (except Public Administration)*, as defined by the Bureau of Labor Statistics, ranks as the top industry sector.

To read the full news release, visit the Paychex | IHS Small Business Jobs Index website.