Small Businesses Continue to Show Moderate Job Growth in October
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
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Source: Business Wire
Paychex Small Business Employment Watch also shows the immediate impact of recent hurricanes in Florida and North Carolina ROCHESTER, N.Y.--(BUSINESS WIRE)--The Paychex Small Business Employment Watch reported a national index level of 100.06 for small business job growth in the month of October. The jobs index has averaged 100.29 through the first 10 months of 2024, indicating modest job growth in U.S. small businesses with fewer than 50 employees. At the same time, hourly earnings growth in October was 3.02% and weekly earnings growth remained below three percent for the ninth-straight month, marking its lowest level since August 2021.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241029979007/en/According to the Paychex Small Business Employment Watch for October, the national small business jobs index has averaged 100.29 so far in 2024, representing modest employment growth. (Graphic: Business Wire)The October report
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