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Job Gains in U.S. Small Businesses Continue in June [Yahoo! Finance]
Last paychex, inc. earnings: 3/25 08:15 am
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US:NASDAQ Investor Relations: investor.paychex.com
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. "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 growing nationally, small businesses in some geographies and industries continue to face a challenging operating environment due to complex regulations, a tight labor market, and inflationary pressures," Gibson added. "We are continuing to see the impact of these challenges in the West region, particularly in the state of California, which came in last among states for job growth in J
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