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Wage Gains Continue for Workers of U.S. Small Businesses; Job Growth Moderates Slightly in April

May 03, 2022

Small Business Employment Watch April 2022

Hourly earnings growth accelerated for the eleventh consecutive month for workers of U.S. small businesses, according to the latest Paychex | IHS Markit Small Business Employment Watch. National small business job growth also remained strong, despite a slight moderation of 0.14 percent. The national jobs index for April was 101.14, an increase of 2.85 percent from a year ago. Average hourly earnings stood at $30.10, up 4.85 percent year-over-year.

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