Paychex

Hourly earnings growth for employees at small businesses slowed this month to its lowest level since May 2021, according to Paychex.

Hourly earnings and job growth for workers in small businesses remained mostly unchanged last month, according to payroll provider Paychex.

Small business employment held steady last month, according to payroll company Paychex, while wage growth continued below 3%

Job growth also slowed at small businesses in January, according to payroll company Paychex.

Job growth and hourly earnings growth moderated in the latter part of 2024, according to the payroll processor Paychex.

Small-business jobs growth remained steady in November, while workers' wages grew only slightly, payroll provider Paychex reported.

Job and wage growth continued at a moderate pace among small businesses in October, likely slowed by the impact of recent hurricanes down south, according to payroll company Paychex.

Job growth at small businesses moderated slightly in September, but hourly earnings growth was up from August, payroll provider Paychex reported.

Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January 2021.

The hiring pace at small businesses dropped slightly in July, payroll processor Paychex reported Tuesday, but wage growth remained consistent.