Hourly Earnings Growth for U.S. Small Business Workers Increases and Job Growth Slows Amid Tight Job Market [Yahoo! Finance]
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
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Source: Yahoo! Finance
to 3.34%, ending a nearly two-year trend of deceleration, and job growth slowed in April. U.S. small businesses with fewer than 50 employees continued to add jobs but at a slower pace with the Small Business Jobs Index standing at 100.12. The growth in weekly hours worked for employees also slowed for the 13th consecutive month, down -0.41% in April. "Our jobs index remains over 100, indicating continued year-over-year employment growth, yet the pace of growth has slowed," said John Gibson , Paychex president and CEO. "Demand for qualified workers continues to outweigh supply, which may be forcing employers to consider offering higher wages to attract and retain talent." "Hourly earnings growth increased to 3.34% in April, ending a decline that began in mid-2022." Gibson added. "We continue to see employers controlling hours worked as weekly earnings growth is below three percent again in April, indicating that while some workers are seeing increases in their hourly rate, they may
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PAYX
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- 5/20/24 - Form 4
- 5/17/24 - Form 8-K
- 5/17/24 - Form 144
- PAYX's page on the SEC website