Small business jobs index dips in june, rate of wage growth continues to moderate

Rochester, n.y.--(business wire)---- $payx #employmenttrends--the rate of small business hiring slowed modestly in june as hourly earnings growth across the u.s. decelerated to 4.02% from 4.24% in may, according to the paychex | ihs markit small business employment watch. the national small business jobs index — which measures the rate of small business job growth in the u.s. — registered 99.21 in june, virtually unchanged so far in 2023. “hourly earnings gains slowed to 4.02%, in line with a gradually slowing rate of inf.
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