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Hourly Earnings Growth Continues to Moderate

November 01, 2022
 
Paychex Small Business Employment Watch October 2022

The pace of hourly earnings growth for U.S. small business workers moderated for the second consecutive month to 5.01 percent, according to the latest Paychex | IHS Markit Small Business Employment Watch. One-month annualized hourly earnings growth stands below four percent. The Small Business Jobs Index, which measures the rate of small business job growth, slowed 0.32 percent in October to 99.43. 

Lea el comunicado de prensa completo en el sitio de Small Business Employment Watch.