Job Gains in U.S. Small Businesses Continue in June
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Paychex, Inc. (PAYX)
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Source: Business Wire
Hourly earnings growth for small business workers holds steady ROCHESTER, N.Y.--(BUSINESS WIRE)--According to the Paychex Small Business Employment Watch, U.S. employers with fewer than 50 employees continued to add jobs in June, though at a slower pace than in May. Hourly earnings growth for small business workers held steady at 3.16% in June.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240702353654/en/U.S. small businesses continued to add jobs in June, though at a slower pace than May, while wage growth held steady. (Graphic: Business Wire)“Small businesses continued to add jobs across the country in June and there was little change in wage inflation, which reflects relative stability for small businesses,” said John Gibson, Paychex president and CEO. “The trends in our wage data over the first half of 2024 are also signaling steady hourly earnings growth heading into the second half of the year.”“While jobs are gro
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