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.

Small businesses with fewer than 50 employees continued to add jobs in June, albeit at a slower rate, but wage growth remained steady, payroll processor Paychex reported.

Hourly earnings growth for employees slid to their lowest level since the middle of 2021, according to Paychex.

The pace of small-business job growth slackened in April, but hourly earnings ticked up to 3.34%, ending a nearly two-year slowdown, according to Paychex.

It was the first hiring increase so far this year, according to Paychex, though it remained below pre-pandemic levels.

Year-over-year hourly earnings growth for U.S. workers moderated slightly in February, continuing a trend that began mid-2022, while small business job growth held steady.