{"id":933644,"date":"2026-02-03T08:33:16","date_gmt":"2026-02-03T13:33:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/"},"modified":"2026-02-03T08:33:16","modified_gmt":"2026-02-03T13:33:16","slug":"u-s-small-business-employment-trends-hold-steady-to-start-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/","title":{"rendered":"U.S. Small Business Employment Trends Hold Steady to Start 2026"},"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>U.S. Small Business Employment Trends Hold Steady to Start 2026<\/b><\/p>\n<p>ROCHESTER, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAccording to the January <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=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=Paychex+Small+Business+Employment+Watch&amp;index=1&amp;md5=278f77ad8a8c2defa490dbda28affeed\">Paychex Small Business Employment Watch<\/a>, job and wage growth trends among U.S. small businesses remained consistent to start 2026. The Small Business Jobs Index \u2014 which reflects the payroll data of a subset of Paychex clients with fewer than 50 employees \u2014 increased 0.04 percentage points to 99.30 in January. Additionally, hourly earnings growth for workers has remained essentially unchanged since July 2025 at 2.68%.<\/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\/20260203337079\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260203337079\/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\/20260203337079\/en\/2708965\/4\/sbew-monthly-details-jan26.jpg\" alt=\"The Paychex Small Business Employment Watch for January shows job and wage growth trends among U.S. small businesses remained consistent to start 2026.\" \/><\/p>\n<p style=\"font-size:85%\">The Paychex Small Business Employment Watch for January shows job and wage growth trends among U.S. small businesses remained consistent to start 2026.<\/p>\n<\/div>\n<p>\n\u201cAs we enter 2026, the pace of employment and wage growth for America\u2019s small businesses remains on a similar path that we saw in 2025,\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=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=John+Gibson&amp;index=2&amp;md5=c777f6af7e6a34a276e2ff39753417fc\">John Gibson<\/a>, Paychex president and CEO. \u201cOur Small Business Job Index, combined with other information, continues to point to an economy that is expanding at a solid pace without significant inflation pressure from wages. While we anticipate potential economic tailwinds from last year\u2019s tax bill to come to fruition in 2026, our HR professionals consistently hear from our clients that they continue to navigate persistent challenges with the supply of qualified labor and rising healthcare costs.\u201d<\/p>\n<p><b>Jobs Index and Wage Data Highlights<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe national jobs index (99.30) increased 0.04 percentage points from December 2025 and 0.03 percentage points from last quarter.<\/p>\n<\/li>\n<li>\nHourly earnings growth has been below three percent since November 2024, including 2.68% in January.<\/p>\n<\/li>\n<li>\nWeekly earnings growth slowed to 2.53% in January. Additionally, the one-month annualized weekly earnings growth (1.62%) has been below two percent for the last three months. The last time one-month annualized weekly earnings growth was below two percent for three-straight months was December 2020.<\/p>\n<\/li>\n<li>\nThe Midwest remained the top region for small business job growth for the 20th consecutive month.<\/p>\n<\/li>\n<li>\nEducation and Health Services (100.57) led sectors for small business job growth for the 20th consecutive month and has reported growth for nearly five-straight years.<\/p>\n<\/li>\n<\/ul>\n<p><b>About the Paychex Small Business Employment Watch<br \/>\n<br \/><\/b>Since 2014, the Paychex Small Business Employment Watch has been a trusted source of employment trends for U.S. small businesses with fewer than 50 employees. 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=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=Employment+Watch+website&amp;index=3&amp;md5=e67b71a94049ea3ae78778ab47cfe25c\">Employment Watch website<\/a> offers interactive charts and historical data across the report\u2019s two key components \u2013 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%2Fjobs-index%2Fabout%2F&amp;esheet=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=jobs+index&amp;index=4&amp;md5=f6b2759342100472668d5142b9ed6fe2\">jobs index<\/a> and <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%2Fwage-data%2Fabout%2F&amp;esheet=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=wage+data&amp;index=5&amp;md5=7663814f15d24928042dc9d77ff485c1\">wage data<\/a> \u2013 as well as the methodology for both analyses. Visit the Bloomberg Terminals or <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=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=subscribe+to+receive+monthly+alerts+with+the+latest+data&amp;index=6&amp;md5=433942cf6e0715bf253fb61992490ddf\">subscribe to receive monthly alerts with the latest data<\/a>.<\/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 Paychex<br \/>\n<br \/><\/b>Paychex, Inc. (Nasdaq: PAYX) is the digitally driven HR leader that is reimagining how companies address the needs of today\u2019s workforce with the most comprehensive, flexible, and innovative HCM solutions for organizations of all sizes. Offering a full spectrum of HR advisory and employee solutions, Paychex pays 1 out of every 11 American private sector workers and is raising the bar in HCM for approximately 800,000 customers in the U.S. and Europe. Every member of the Paychex team is committed to fulfilling the company\u2019s purpose of helping businesses succeed. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.paychex.com%2F&amp;esheet=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=paychex.com&amp;index=7&amp;md5=5c218879ea8047d8e5ed945d4aba7791\">paychex.com<\/a> to learn more.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260203337079r1&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\/20260203337079\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260203337079\/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=54411973&amp;newsitemid=20260203337079&amp;lan=en-US&amp;anchor=%40Paychex&amp;index=8&amp;md5=3fcb0902d336ad219668b8f75d9a8ed3\">@Paychex<\/a><\/p>\n<p>\nErin McAward<br \/>\n<br \/>ICR, Inc.<br \/>\n<br \/>Account Director<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:paychexpr@icrinc.com\">paychexpr@icrinc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Small Business Technology Software Human Resources<\/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\/20260203337079\/en\/2708965\/3\/sbew-monthly-details-jan26.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">The Paychex Small Business Employment Watch for January shows job and wage growth trends among U.S. small businesses remained consistent to start 2026.<\/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\/20260203337079\/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>U.S. Small Business Employment Trends Hold Steady to Start 2026 ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; According to the January Paychex Small Business Employment Watch, job and wage growth trends among U.S. small businesses remained consistent to start 2026. The Small Business Jobs Index \u2014 which reflects the payroll data of a subset of Paychex clients with fewer than 50 employees \u2014 increased 0.04 percentage points to 99.30 in January. Additionally, hourly earnings growth for workers has remained essentially unchanged since July 2025 at 2.68%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260203337079\/en\/ The Paychex Small Business Employment Watch for January shows job and wage growth trends among U.S. small businesses remained consistent to start 2026. \u201cAs we enter 2026, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Small Business Employment Trends Hold Steady to Start 2026&#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-933644","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>U.S. Small Business Employment Trends Hold Steady to Start 2026 - 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\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Small Business Employment Trends Hold Steady to Start 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Small Business Employment Trends Hold Steady to Start 2026 ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; According to the January Paychex Small Business Employment Watch, job and wage growth trends among U.S. small businesses remained consistent to start 2026. The Small Business Jobs Index \u2014 which reflects the payroll data of a subset of Paychex clients with fewer than 50 employees \u2014 increased 0.04 percentage points to 99.30 in January. Additionally, hourly earnings growth for workers has remained essentially unchanged since July 2025 at 2.68%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260203337079\/en\/ The Paychex Small Business Employment Watch for January shows job and wage growth trends among U.S. small businesses remained consistent to start 2026. \u201cAs we enter 2026, &hellip; Continue reading &quot;U.S. Small Business Employment Trends Hold Steady to Start 2026&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-03T13:33:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260203337079\/en\/2708965\/4\/sbew-monthly-details-jan26.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=\"3 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\\\/u-s-small-business-employment-trends-hold-steady-to-start-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-small-business-employment-trends-hold-steady-to-start-2026\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Small Business Employment Trends Hold Steady to Start 2026\",\"datePublished\":\"2026-02-03T13:33:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-small-business-employment-trends-hold-steady-to-start-2026\\\/\"},\"wordCount\":616,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-small-business-employment-trends-hold-steady-to-start-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260203337079\\\/en\\\/2708965\\\/4\\\/sbew-monthly-details-jan26.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-small-business-employment-trends-hold-steady-to-start-2026\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-small-business-employment-trends-hold-steady-to-start-2026\\\/\",\"name\":\"U.S. Small Business Employment Trends Hold Steady to Start 2026 - 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The Small Business Jobs Index \u2014 which reflects the payroll data of a subset of Paychex clients with fewer than 50 employees \u2014 increased 0.04 percentage points to 99.30 in January. Additionally, hourly earnings growth for workers has remained essentially unchanged since July 2025 at 2.68%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260203337079\/en\/ The Paychex Small Business Employment Watch for January shows job and wage growth trends among U.S. small businesses remained consistent to start 2026. \u201cAs we enter 2026, &hellip; Continue reading \"U.S. Small Business Employment Trends Hold Steady to Start 2026\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/","og_site_name":"Market Newsdesk","article_published_time":"2026-02-03T13:33:16+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260203337079\/en\/2708965\/4\/sbew-monthly-details-jan26.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"U.S. Small Business Employment Trends Hold Steady to Start 2026","datePublished":"2026-02-03T13:33:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/"},"wordCount":616,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260203337079\/en\/2708965\/4\/sbew-monthly-details-jan26.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-small-business-employment-trends-hold-steady-to-start-2026\/","name":"U.S. Small Business Employment Trends Hold Steady to Start 2026 - 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