Paychex - IHS Markit Small Business Employment Watch: Small Business Employment Growth Slows as Hourly Earnings Increase

The Paychex | IHS Markit Small Business Employment Watch for June marks four consecutive months of decline in small business job growth, but a continued increase in wages. The Small Business Jobs Index decreased 0.24 percent to 100.10 in June. The index is at its lowest level since late 2011. National hourly earnings in June were $25.82,   increasing 2.88 percent ($0.72) year-over-year.

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