Small Business Hiring and Wage Growth Remain Consistent in April

The Paychex | IHS Markit Small Business Employment Watch shows small business job growth was essentially unchanged in April; Hourly earnings growth for workers continues to moderate slightly

The Paychex | IHS Markit Small Business Employment Watch for April shows job and wage growth kept pace with recent months. In the first four months of 2019 job growth has remained relatively consistent, slowing just 0.03 percent per month to 98.77 in April. Annualized hourly earnings growth in the last quarter was 2.78 percent, higher than April’s rate of 2.50 percent ($0.66).

Read the full news release on the Small Business Employment Watch site.