U.S. Small Business Job Growth Rate Remained Steady in November
December 03, 2024
Paychex Small Business Employment Watch showed notable hurricane recovery in Southeast region
According to the Paychex Small Business Employment Watch, small business job growth across the U.S. remained relatively consistent in November (99.91) and has averaged an index level of 100.25 through 11 months of 2024, representing modest employment growth. Hourly earnings growth (2.97%) and weekly earnings growth (2.84%) for workers stayed below three percent for the fourth and 10th consecutive month, respectively.
Read the full news release on the Small Business Employment Watch site.