News Releases
Small Business Reopenings Contribute to Improvements in Hours Worked
June 30, 2020
The latest Paychex | IHS Markit Small Business Employment Watch shows that employment growth held steady in June, with the jobs index moderating just 0.06 percent to 94.81. However, increases in weekly earnings signify an upward trend as more businesses reopened their doors, and employees resumed work. As such, annualized one-month growth in weekly hours worked reached 8.28 percent in June; weekly earnings growth rose to 4.02 percent; and hourly earnings growth increased to 3.46 percent ($0.94) year-over-year. Read the full news release on the Small Business Employment Watch site.
New Paychex Study Shares Insights on the Impact of the Paycheck Protection Program Flexibility Act
June 22, 2020
According to a Paychex study, most business owners say the PPP Flexibility Act will be impactful to their businesses as they work to resume operations and bring back employees.
Paychex Introduces Paycheck Protection Program Loan Forgiveness Estimator and Reporting
June 12, 2020
Paychex introduced a Paycheck Protection Program Loan Forgiveness Estimator and Forgiveness Report in its cloud-based HR suite, Paychex Flex®, to simplify the application process for customers.
Small Business Employment Shows Slight Improvement in May, But Remains Near Historic Low
June 2, 2020
The Paychex | IHS Markit Small Business Employment Watch shows that employment growth improved 0.25 percent in May,
Paychex Once Again Earns Nacha Certified Status
June 2, 2020
Nacha has approved Paychex for a renewal of its Nacha Certified status through May 2022.
Paychex Study Finds 63% of Business Owners Feel the Worst of the COVID-19 Pandemic is Behind Them
May 27, 2020
As business owners across the country focus on getting back to business, 63 percent feel the worst is behind them when it comes to the impact of COVID-19 on their operations, according to new Paychex research.