U.S. Small Business Job Growth Continues as Wage Inflation Moderates to Close 2023
January 03, 2024
U.S. small businesses experienced job growth for all of 2023 and extended a cycle of consistent job growth for 33-straight months, according to December data from the Paychex Small Business Employment Watch. The Small Business Jobs Index closed the year at 101.21 (1.2% growth), while hourly earnings growth for U.S. workers in December (3.48%) was down from 4.93% in December of 2022.
Read the full news release on the Small Business Employment Watch site.