Small Business Jobs Index Indicates Continued Growth, Despite Short-Term Declines
The Paychex | IHS Small Business Jobs Index declined from 100.70 in August to 100.52 in September, a decrease of 0.18 percent. While now at its lowest level in 2016, the national index remains 0.08 percent higher than a year ago. After a one-month hiatus, the South Atlantic returned to its position as the top-ranked region. Showing continued strength, Washington’s index reached 104.91, an all-time high for the state index. Seattle remained the leading metro area, with its index increasing 0.44 percent from the previous month. Six out of eight industry sectors declined in September, with only Education and Health Services and Financial Activities experiencing modest increases.
To read the full news release, visit the Paychex | IHS Small Business Jobs Index website.