The March Paychex Small Business Employment Watch reflected steady growth in jobs and wages for America's small businesses.

Rochester, N.Y. (April 3, 2024) - According to the Paychex Small Business Employment Watch, the Small Business Jobs Index grew 0.18 percentage points in March to 100.85 - the first increase year-to-date - but remained below pre-pandemic levels for the first three months of 2024. Hourly earnings growth for workers at U.S. companies with fewer than 50 employees continued a steady deceleration that began in mid-2022, ending March at 3.27% growth year-over-year.

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.

585-387-6705
tvolkmann@paychex.com
Manager, Public Relations

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Paychex Inc. published this content on 03 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2024 12:27:05 UTC.