Paychex

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.

Hourly earnings growth for employees is slowing, even as job growth continues, according to a new report from Paychex.

The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.

The pace of hourly earnings growth and hiring slowed down at small businesses, payroll processor Paychex reported.

Growth in hourly and weekly pay at small businesses decelerated in October as job growth moderated, payroll provider Paychex reported.

Hourly earnings growth slipped at small businesses last month to the slowest pace since September 2021, according to Paychex.

The rate of growth for hiring and hourly earnings stabilized this month, according to Paychex.

Earnings growth for small business employees fell below 4% for the first time in more than two years, according to Paychex.

The rate of hourly pay and hiring growth slackened last month at small businesses, which also had a harder time finding workers.

Hourly earnings growth for U.S. workers decelerated to 4.33% in May, while small business job growth declined slightly by 0.04% from April, Paychex reported.

The pace of hiring, pay and hours worked decelerated last month, according to a report released Tuesday by payroll provider Paychex.

Small businesses did a bit more hiring and paid workers more last month, according to a report from payroll provider Paychex.