Job Growth in U.S. Small Businesses Continues the Pace Seen in the Back Half of 2024
Rochester, N.Y. (February 4, 2025) — According to the Paychex Small Business Employment Watch, the pace of job growth in U.S. small businesses with fewer than 50 employees remained slightly below 100 in January, consistent with the last six months of 2024. Meanwhile, hourly earnings growth for workers decelerated to 2.87% in January, marking its first time starting the year below three percent since 2021.
Read the full news release on the Small Business Employment Watch site.
Tracy Volkmann
Tracy Volkmann began working at Paychex in July 2014 and currently manages public relations for the company. In this role, she is responsible leading the PR function, protecting the company's reputation, and driving positive earned media coverage for Paychex. Tracy is a graduate of St. Bonaventure University and started her career in collegiate athletic communications, having spent seven years at West Point.