Paychex | IHS Markit Small Business Jobs Index decreased slightly in July from June, down 0.66% to 100.14; average hourly earnings growth was 5.08% compared to 5.13% in June

ROCHESTER, New York , August 4, 2022 (press release) –

Hiring at U.S. small businesses slowed for the fifth consecutive month, according to the latest Paychex | IHS Markit Small Business Employment Watch. The Small Business Jobs Index moderated -0.66 percent from the previous month and stands at 100.14. The pace of wage increases slowed slightly from the previous month, with average hourly earnings growth at 5.08 percent compared to 5.13 percent in June 2022.  

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

Lisa Fleming
Lisa Fleming joined Paychex in 2006 and last year was promoted to the position of public relations manager. As part of her role, Lisa leads the department’s external communications efforts and manages the company’s relationship with its outside PR agency partner, Eric Mower & Associates. Lisa is a graduate of Canisius College in Buffalo, New York where she studied English and Communications.

Manager, Public Relations
585-387-6402
lfleming@paychex.com

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