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0 -0.00186683260734295 -0.000800071117432691 0 -0.00186683260734295 -0.00186683260734295 8.88967908257703E-05 8.88967908257703E-05
Stock impact report

Paychex CEO gives a read on the labor market for small businesses [CNBC]

Paychex, Inc. (PAYX) 
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
Company Research Source: CNBC
Monday - Friday, 6:00 - 7:00 PM ET Key Points “What we continue to see is moderation, that labor growth in small businesses is solid, but not as strong as it was last year,” Gibson said. “And the things that I continue to see is small businesses trying to manage their costs.” In this article In a Friday interview with CNBC's Jim Cramer Paychex CEO John Gibson was fairly positive about the labor market for smaller businesses, saying he doesn't see signs of a looming recession. “What we continue to see is moderation, that labor growth in small businesses is solid, but not as strong as it was last year,” Gibson said. “And the things that I continue to see [are] small businesses trying to manage their costs.” Paychex offers payroll, HR and other services to small and medium-sized businesses. It posted a top and bottom line beat when it reported earnings Friday morning, and management raised the midpoint of its full-year earnings forecast. However, Paychex also guided revenue Show less Read more
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