U.S. Small Business Jobs Index Remains at Peak for March 2014; Mountain Region Leading Small Business Employment Gains
The Paychex | IHS Small Business Jobs Index grew 0.33 percent in the 12 months leading up to March, remaining at its recent peak of 101.15. The new, monthly index from Paychex, Inc. (NASDAQ: PAYX), a leading provider of payroll, human resource, and benefits outsourcing solutions for small-to medium-sized businesses, and IHS, Inc. (NYSE: IHS), a leading global source of critical information and insight, launched today and provides insight into the state of small business employment in the U.S.
The Paychex | IHS Small Business Jobs Index analyzes same-store year-over-year worker count changes to identify and track small business employment trends using real small business payroll data from the Paychex client base. The index is based on aggregated data from approximately 350,000 small businesses with fewer than 50 workers across the United States, one of the largest sample sizes of any small business index or report in the country, and provides timely, accurate insight into national, regional, state, and metro employment activity.
To read the full news release, visit the Paychex | IHS Small Business Jobs Index website (http://www.paychex.com/jobs-index/news-release.aspx).