Payroll

Private sector employment increased by 143,000 jobs in September, while annual pay rose 4.7% year-over-year, payroll giant ADP reported.

Job growth at small businesses moderated slightly in September, but hourly earnings growth was up from August, payroll provider Paychex reported.

ADP announced the release of its new generative AI-based platform Lyric, touted as an all-in-one platform for payroll, service and other human capital management needs.

Plus, Workday announces new initiatives, investments and a wellness solution; and other accounting technology news.

Plus, Gusto announces "Gus" AI; Boost launches cross-border payment solution; and other accounting tech news.

One of the most closely watched jobs reports arrived ahead of a Federal Reserve decision on interest rate cuts.

Annual pay grew 4.8% year-over-year, payroll giant ADP reported Thursday, as the job market showed further signs of a cooldown.

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.

Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.