Small Business Jobs Growth Holds Steady in May
Rochester, N.Y. (May 30, 2023) – The rate of small business job growth was unchanged from April for the month of May, according to the latest Paychex | IHS Markit Small Business Employment Watch. The national Small Business Jobs Index — which measures the rate of small business job growth in the U.S. — stands at 99.45, a 0.04% decrease from April. Meanwhile, hourly earnings growth for U.S. workers slowed to 4.33%.
Read the full news release on the Small Business Employment Watch site.