U.s. small business job and wage growth remain steady

Rochester, n.y.--(business wire)---- $payx #employmenttrends--according to the paychex small business employment watch, the small business jobs index grew 0.18 percentage points in march to 100.85 – the first increase year-to-date – but remained below pre-pandemic levels for the first three months of 2024. hourly earnings growth for workers at u.s. companies with fewer than 50 employees continued a steady deceleration that began in mid-2022, ending march at 3.27% growth year-over-year. “an increase in the jobs index coupl.
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