Paychex: US small business job growth holds steady in July, jobs index at 99.23 - PAYX News | RalliesPaychex: US small business job growth holds steady in July, jobs index at 99.23
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PAYX• Paychex reports steady July small-business job growth
- Paychex reported steady U.S. small-business job growth in July, with its jobs index at 99.23 versus a 99.20 first-half average.
- Hourly earnings growth stayed below 3% at 2.86%.
- Weekly hours worked rose 0.40%, the strongest increase in more than five years.
- Weekly earnings growth accelerated to 3.14%, the strongest reading since December 2023.
