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Small Business Jobs and Wages Increase Modestly in March

April 04, 2023
 

Paychex Small Business Employment Watch March 2023

Small business employment has grown consistently during the first quarter of 2023, according to the Paychex | IHS Markit Small Business Employment Watch. The Small Business Jobs Index, which measures employment growth, increased modestly (0.06%) from the previous month to 99.73. The March report also showed average hourly earnings increased slightly from the previous month to 4.64 percent.  

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