Paychex

Hourly earnings growth for small business employees slowed slightly last month, but the average number of hours they worked increased, Paychex reported.

Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex.

Hourly earnings growth for small business employees fell to 2.58% last month, while job growth remained basically flat, according to Paychex.

The pace of growth in small business jobs and wages across the country stayed on an even keel in July, according to payroll provider Paychex.

Job and wage growth at small businesses remained stable in June, despite some moderation, payroll company Paychex reported.

Hourly earnings growth for small business employees dropped to a four-year low at 2.77% in May, while job growth was flat, according to payroll company 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.