{"id":947949,"date":"2026-03-31T11:15:48","date_gmt":"2026-03-31T15:15:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/"},"modified":"2026-03-31T11:15:48","modified_gmt":"2026-03-31T15:15:48","slug":"pace-of-u-s-small-business-employment-remains-consistent-in-march","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/","title":{"rendered":"Pace of U.S. Small Business Employment Remains Consistent in March"},"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>Pace of U.S. Small Business Employment Remains Consistent in March<\/b><\/p>\n<p>ROCHESTER, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEmployment and wage growth among U.S. small businesses remained stable from February to March, according to the latest <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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=Paychex+Small+Business+Employment+Watch&amp;index=1&amp;md5=b71c9b09bebe4d1f05c49f08a6908ddf\">Paychex Small Business Employment Watch<\/a>, which reflects the payroll data of a subset of Paychex U.S. small business clients with fewer than 50 employees. The Small Business Jobs Index ticked up 0.04 percentage points from February to 98.81 in March, while hourly earnings growth for workers remained below three percent for the 17th consecutive month in March at 2.66%.<\/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\/20260331483665\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260331483665\/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\/20260331483665\/en\/2760788\/4\/sbew-monthly-details-March-26.jpg\" alt=\"The Paychex Small Business Employment Watch for March showed continued stability in the pace of job and wage growth among businesses with fewer than 50 employees.\" \/><\/p>\n<p style=\"font-size:85%\">The Paychex Small Business Employment Watch for March showed continued stability in the pace of job and wage growth among businesses with fewer than 50 employees.<\/p>\n<\/div>\n<p>\n\u201cEmployment remains flat across our client base, with the pace of job growth among smaller clients offsetting the modest hiring gains our larger customers are experiencing,\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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=John+Gibson&amp;index=2&amp;md5=2c7b2515e5b4300272739c6e4a5937ab\">John Gibson<\/a>, Paychex president and CEO. \u201cSmall businesses continue to operate in a low-fire, low-hire environment with many reporting ongoing difficulty finding qualified employees. They have also remained remarkably resilient amid a dynamic macroeconomic backdrop, global uncertainty, and an evolving set of challenges.\u201d<\/p>\n<p><b>Jobs Index and Wage Data Highlights<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nOne-month and three-month annualized hourly earnings growth have reported below three percent since April 2024.<\/p>\n<\/li>\n<li>\nWeekly hours worked growth (0.06%) reported positive in March, marking only the third positive read since April 2021.<\/p>\n<\/li>\n<li>\nThe Midwest (99.52) led regions for job growth for the 22nd consecutive month in March, largely due to the pace of employment growth in Wisconsin, Illinois, and Ohio.<\/p>\n<\/li>\n<li>\nAfter ranking second among industries for job growth in February, Education and Health Services gained 0.32 percentage points in March to lead all sectors.<\/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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=Employment+Watch+website&amp;index=3&amp;md5=cd5cede373f71fca35b8120f23a8aac2\">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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=jobs+index&amp;index=4&amp;md5=a18207ab4cc12bcbcec46b7aaf214688\">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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=wage+data&amp;index=5&amp;md5=465a05a7538016bc11998efdc0c8f415\">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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=subscribe+to+receive+monthly+alerts+with+the+latest+data&amp;index=6&amp;md5=36e30b63719ef60f11e3967ca5a46d10\">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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=paychex.com&amp;index=7&amp;md5=c53cf3b34879fd392a88cb4d275a61c9\">paychex.com<\/a> to learn more.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260331483665r1&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\/20260331483665\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260331483665\/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=54472584&amp;newsitemid=20260331483665&amp;lan=en-US&amp;anchor=%40Paychex&amp;index=8&amp;md5=5e664558ca2643a29e058d5600f90ac0\">@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> Small Business Professional Services 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\/20260331483665\/en\/2760788\/3\/sbew-monthly-details-March-26.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">The Paychex Small Business Employment Watch for March showed continued stability in the pace of job and wage growth among businesses with fewer than 50 employees.<\/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\/20260331483665\/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>Pace of U.S. Small Business Employment Remains Consistent in March ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; Employment and wage growth among U.S. small businesses remained stable from February to March, according to the latest Paychex Small Business Employment Watch, which reflects the payroll data of a subset of Paychex U.S. small business clients with fewer than 50 employees. The Small Business Jobs Index ticked up 0.04 percentage points from February to 98.81 in March, while hourly earnings growth for workers remained below three percent for the 17th consecutive month in March at 2.66%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260331483665\/en\/ The Paychex Small Business Employment Watch for March showed continued stability in the pace of job and wage growth &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pace of U.S. Small Business Employment Remains Consistent in March&#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-947949","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pace of U.S. Small Business Employment Remains Consistent in March - 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\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pace of U.S. Small Business Employment Remains Consistent in March - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pace of U.S. Small Business Employment Remains Consistent in March ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; Employment and wage growth among U.S. small businesses remained stable from February to March, according to the latest Paychex Small Business Employment Watch, which reflects the payroll data of a subset of Paychex U.S. small business clients with fewer than 50 employees. The Small Business Jobs Index ticked up 0.04 percentage points from February to 98.81 in March, while hourly earnings growth for workers remained below three percent for the 17th consecutive month in March at 2.66%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260331483665\/en\/ The Paychex Small Business Employment Watch for March showed continued stability in the pace of job and wage growth &hellip; Continue reading &quot;Pace of U.S. Small Business Employment Remains Consistent in March&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-31T15:15:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260331483665\/en\/2760788\/4\/sbew-monthly-details-March-26.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\\\/pace-of-u-s-small-business-employment-remains-consistent-in-march\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pace-of-u-s-small-business-employment-remains-consistent-in-march\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pace of U.S. Small Business Employment Remains Consistent in March\",\"datePublished\":\"2026-03-31T15:15:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pace-of-u-s-small-business-employment-remains-consistent-in-march\\\/\"},\"wordCount\":573,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pace-of-u-s-small-business-employment-remains-consistent-in-march\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260331483665\\\/en\\\/2760788\\\/4\\\/sbew-monthly-details-March-26.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pace-of-u-s-small-business-employment-remains-consistent-in-march\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pace-of-u-s-small-business-employment-remains-consistent-in-march\\\/\",\"name\":\"Pace of U.S. Small Business Employment Remains Consistent in March - 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The Small Business Jobs Index ticked up 0.04 percentage points from February to 98.81 in March, while hourly earnings growth for workers remained below three percent for the 17th consecutive month in March at 2.66%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260331483665\/en\/ The Paychex Small Business Employment Watch for March showed continued stability in the pace of job and wage growth &hellip; Continue reading \"Pace of U.S. Small Business Employment Remains Consistent in March\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/","og_site_name":"Market Newsdesk","article_published_time":"2026-03-31T15:15:48+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260331483665\/en\/2760788\/4\/sbew-monthly-details-March-26.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\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Pace of U.S. Small Business Employment Remains Consistent in March","datePublished":"2026-03-31T15:15:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/"},"wordCount":573,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260331483665\/en\/2760788\/4\/sbew-monthly-details-March-26.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/pace-of-u-s-small-business-employment-remains-consistent-in-march\/","name":"Pace of U.S. Small Business Employment Remains Consistent in March - 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