U.S. Small Business Job and Wage Growth Remain Steady
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
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Source: Business Wire
ROCHESTER, N.Y.--(BUSINESS WIRE)--According to the Paychex Small Business Employment Watch, the Small Business Jobs Index grew 0.18 percentage points in March to 100.85 – the first increase year-to-date – but remained below pre-pandemic levels for the first three months of 2024. Hourly earnings growth for workers at U.S. companies with fewer than 50 employees continued a steady deceleration that began in mid-2022, ending March at 3.27% growth year-over-year.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240403444503/en/The Paychex Small Business Employment Watch showed the first increase in small business job growth in three months in March. Hourly earnings for workers moderated to 3.27%. (Photo: Business Wire)“An increase in the jobs index coupled with a continued moderation of wage growth reflects a relatively stable macroeconomic environment,” said John Gibson, Paychex president and CEO. “A tight job market for quali
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News
- Elevate Honored with 2024 HR Tech Award for AI Innovations in Employee Benefits [Yahoo! Finance]Yahoo! Finance
- Paychex Declares a 10% Increase to Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Paychex Declares a 10% Increase to Quarterly Cash DividendBusiness Wire
- Hourly Earnings Growth for U.S. Small Business Workers Increases and Job Growth Slows Amid Tight Job Market [Yahoo! Finance]Yahoo! Finance
- Hourly Earnings Growth for U.S. Small Business Workers Increases and Job Growth Slows Amid Tight Job MarketBusiness Wire
PAYX
Earnings
- 4/2/24 - Beat
PAYX
Sec Filings
- 4/18/24 - Form 3
- 4/17/24 - Form 4
- 4/16/24 - Form 8-K
- PAYX's page on the SEC website