{"id":832345,"date":"2025-04-01T11:34:41","date_gmt":"2025-04-01T15:34:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\/"},"modified":"2025-04-01T11:34:41","modified_gmt":"2025-04-01T15:34:41","slug":"paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\/","title":{"rendered":"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters<\/b><\/p>\n<p class=\"bwalignc\"><i>Hourly earnings growth for workers remained flat at 2.91%<\/i><\/p>\n<p>ROCHESTER, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2Femployment-watch%2F%23%21%2F&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=Paychex+Small+Business+Employment+Watch&amp;index=1&amp;md5=b67428cb2a815fab4b2160a65e97039d\">Paychex Small Business Employment Watch<\/a>, which includes the Paychex Small Business Jobs Index as a measure of employment growth among U.S. businesses with fewer than 50 employees, showed job growth continued at levels seen over the last several quarters at 99.75 in March. Meanwhile, Paychex wage data revealed the hourly earnings growth rate (2.91%) for workers in U.S. small businesses remained essentially unchanged in March from the previous month.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250401954801\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250401954801\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250401954801\/en\/2425224\/4\/sbew-details-march.jpg\" alt=\"The Paychex Small Business Employment Watch showed job growth continued at levels seen over the last several quarters at 99.75 in March.\" \/><\/p>\n<p style=\"font-size:85%\">The Paychex Small Business Employment Watch showed job growth continued at levels seen over the last several quarters at 99.75 in March.<\/p>\n<\/div>\n<p>\n\u201cAccording to our most recent data, the small business labor market is fundamentally healthy and showing no current signs of a recession,\u201d said <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2Fnewsroom%2Fexecutive-bios%2Fjohn-gibson&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=John+Gibson&amp;index=2&amp;md5=f1f78cad669bd58636e765905ab20319\">John Gibson<\/a>, Paychex president and CEO. \u201cJob growth within U.S. small businesses continues at levels we have seen over the last several quarters, while wage growth has remained below three percent for the fifth-straight month.\u201d\n<\/p>\n<p>\n\u201cIt\u2019s an interesting time as small businesses are expressing both optimism and uncertainty, while continuing to face consistent challenges such as the impacts of inflation and difficulty finding qualified employees,\u201d Gibson added. \u201cWe continue to build and deploy innovative solutions to address the issues facing small- and mid-sized businesses, including <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2Fhiring%2Fai-assisted-recruiting%3Futm_source%3Dpress_release%26utm_medium%3Ddigital%26utm_campaign%3Dfindem_fy25%26campaign_name%3DDM_Findem_News_Release_FY25%26campaign_id%3D701WP00000CBVZT&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=Paychex+Recruiting+Copilot&amp;index=3&amp;md5=a0ddc1e881dc852ad50a4c7df5b717c6\">Paychex Recruiting Copilot<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fgo.paychex.com%2Femployee-engagement&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=Paychex+Flex%26%23174%3B+Perks&amp;index=4&amp;md5=67bb310f2f15c134a695e91e5f6ee285\">Paychex Flex<sup>\u00ae<\/sup> Perks<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2Ffunding-solutions&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=Paychex+Funding+Solutions&amp;index=5&amp;md5=ba18a78d7405ef48452aaa67cd5013bb\">Paychex Funding Solutions<\/a>.\u201d\n<\/p>\n<p><b>Jobs Index and Wage Data Highlights<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe national Small Business Jobs Index dipped 0.29 percentage points to 99.75 in March, slightly below the pace set at the end of the past two quarters.\n<\/li>\n<li>\nHourly earnings growth (2.91%) remained below three percent for the fifth consecutive month in March, while one-month annualized hourly earnings growth (3.51%) outpaced annual growth (2.91%) for the fourth-straight month.\n<\/li>\n<li>\nThe Midwest remained the top region for the 10th consecutive month, despite slowing 0.58 percentage points in March to 99.96.\n<\/li>\n<li>\nTexas (100.85) continued to lead states for small business job growth in March.\n<\/li>\n<li>\nConsistently among the top metros in recent months, Minneapolis (102.52) gained 1.87 percentage points to move into first place in March.\n<\/li>\n<li>\nThe Manufacturing (99.30) industry has gained 1.05 percentage points during the first quarter of 2025, best among sectors.\n<\/li>\n<li>\nPaced by Manufacturing, Tampa topped metros in March for hourly earnings growth (4.20%) and weekly earnings growth (4.00%).\n<\/li>\n<\/ul>\n<p><b>More Information<br \/>\n<br \/><\/b>For more information about the Paychex Small Business Employment Watch, visit the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2Femployment-watch%2F%23%21%2F&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=website&amp;index=6&amp;md5=eabe791ab62a589f7b9a9245a917e8d5\">website<\/a> and sign up to receive monthly <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2Femployment-watch%2F%23%21%2Fsubscribe%2F&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=Employment+Watch+alerts&amp;index=7&amp;md5=2871d5d6f31ef8dc1a1cf5d50fb45a73\">Employment Watch alerts<\/a>.\n<\/p>\n<p><i>*Information regarding the professions included in the industry data can be found at the Bureau of Labor Statistics website.<\/i><\/p>\n<p><b>About the Paychex Small Business Employment Watch<br \/>\n<br \/><\/b>The Paychex Small Business Employment Watch is released each month by Paychex, Inc. Focused exclusively on businesses with fewer than 50 workers, the monthly report offers analysis of national employment and wage trends and examines regional, state, metro, and industry sector activity. Drawing from the payroll data of approximately 350,000 Paychex clients, this powerful industry benchmark delivers real-time insights into the small business trends driving the U.S. economy. The jobs index is scaled to 100, which represents no year-over-year change in job growth among same store businesses. Index values above 100 represent new jobs being added, while values below 100 represent jobs being lost.\n<\/p>\n<p><b>About Paychex<br \/>\n<br \/><\/b>Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves more than 745,000 customers in the U.S. and Europe and pays one out of every 12 American private sector employees. The more than 16,000 people at Paychex are committed to helping businesses succeed and building thriving communities where they work and live. To learn more, visit paychex.com.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250401954801r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250401954801\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250401954801\/en\/<\/a><\/span><\/p>\n<p><b>Media Contacts<br \/>\n<\/b><br \/>Tracy Volkmann<br \/>\n<br \/>Paychex, Inc.<br \/>\n<br \/>Manager, Public Relations<br \/>\n<br \/>(585) 387-6705<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:tvolkmann@paychex.com\">tvolkmann@paychex.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FPaychex&amp;esheet=54231274&amp;newsitemid=20250401954801&amp;lan=en-US&amp;anchor=%40Paychex&amp;index=8&amp;md5=a941576b8c06ee96dba1fae9821adb04\">@Paychex<\/a><\/p>\n<p>\nEmily Walsh<br \/>\n<br \/>Highwire Public Relations<br \/>\n<br \/>Account Executive<br \/>\n<br \/>(914) 815-8846<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:paychex@highwirepr.com\">paychex@highwirepr.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Professional Services Fintech Data Management Payments Technology Small Business Artificial Intelligence Data Analytics Insurance Human Resources Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250401954801\/en\/2425224\/3\/sbew-details-march.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">The Paychex Small Business Employment Watch showed job growth continued at levels seen over the last several quarters at 99.75 in March.<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250401954801\/en\/1071091\/3\/PAYXlogo19-0912.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters Hourly earnings growth for workers remained flat at 2.91% ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; The Paychex Small Business Employment Watch, which includes the Paychex Small Business Jobs Index as a measure of employment growth among U.S. businesses with fewer than 50 employees, showed job growth continued at levels seen over the last several quarters at 99.75 in March. Meanwhile, Paychex wage data revealed the hourly earnings growth rate (2.91%) for workers in U.S. small businesses remained essentially unchanged in March from the previous month. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250401954801\/en\/ The Paychex Small Business Employment Watch showed job growth continued &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832345","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters Hourly earnings growth for workers remained flat at 2.91% ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; The Paychex Small Business Employment Watch, which includes the Paychex Small Business Jobs Index as a measure of employment growth among U.S. businesses with fewer than 50 employees, showed job growth continued at levels seen over the last several quarters at 99.75 in March. Meanwhile, Paychex wage data revealed the hourly earnings growth rate (2.91%) for workers in U.S. small businesses remained essentially unchanged in March from the previous month. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250401954801\/en\/ The Paychex Small Business Employment Watch showed job growth continued &hellip; Continue reading &quot;Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-01T15:34:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20250401954801\/en\/2425224\/4\/sbew-details-march.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters\",\"datePublished\":\"2025-04-01T15:34:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\\\/\"},\"wordCount\":731,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20250401954801\\\/en\\\/2425224\\\/4\\\/sbew-details-march.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\\\/\",\"name\":\"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/paychex-small-business-jobs-index-shows-little-change-in-march-and-levels-consistent-with-last-several-quarters\/","og_locale":"en_US","og_type":"article","og_title":"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters - Market Newsdesk","og_description":"Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters Hourly earnings growth for workers remained flat at 2.91% ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; The Paychex Small Business Employment Watch, which includes the Paychex Small Business Jobs Index as a measure of employment growth among U.S. businesses with fewer than 50 employees, showed job growth continued at levels seen over the last several quarters at 99.75 in March. Meanwhile, Paychex wage data revealed the hourly earnings growth rate (2.91%) for workers in U.S. small businesses remained essentially unchanged in March from the previous month. This press release features multimedia. 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