U.s. small business job growth continues as wage inflation moderates to close 2023

Rochester, n.y.--(business wire)---- $payx #labormarket--u.s. small businesses experienced job growth for all of 2023 and extended a cycle of consistent job growth for 33-straight months, according to december data from the paychex small business employment watch. the small business jobs index closed the year at 101.21 (1.2% growth), while hourly earnings growth for u.s. workers in december (3.48%) was down from 4.93% in december of 2022. “as the paychex small business employment watch has consistently shown all year.
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