August Job Growth Among Small Businesses Unchanged from July

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex | IHS Markit Small Business Employment Watch, the national Small Business Jobs Index — which measures the rate of small business job growth in the U.S. — is essentially flat at 99.10, a decrease of 0.04% in August. Meanwhile, an hourly earnings growth rate of 3.98% among U.S. small businesses is unchanged in August from July and below four percent for the second consecutive month. “The Small Business Jobs Index moderated for the fifth c