Paychex | IHS Small Business Jobs Index Signals Employment Growth Increase as 2016 Ends

  • Small Business Jobs Index

The Paychex | IHS Small Business Jobs Index rebounded 0.10 percent in December, increasing to 100.49, and ending three months of declines. Despite a series of positive and negative swings throughout the year, small business employment growth levels are 0.12 percent higher than the same period a year ago. Among regions, the East South Central continues to experience the strongest growth, up 3.02 percent from last year. Tennessee surpassed neighboring Georgia as the top-ranked state for small business employment. After nine months as the top metro index, Seattle was overtaken by Atlanta. Construction showed the strongest gains in December, while Education and Health Services had the best year-over-year growth.

To read the full news release, visit the Paychex | IHS Small Business Jobs Index website.

About Paychex

Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by 45 years of industry expertise, Paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting www.paychex.com, and stay connected on Twitter and LinkedIn.

About IHS Markit

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners © 2016 IHS Markit Ltd. All rights reserved.

By | 2016-12-30T12:36:29+00:00 January 3rd, 2017|News Releases|

About the Author:

Lisa Fleming
Lisa Fleming joined Paychex in 2006 and last year was promoted to the position of public relations manager. As part of her role, Lisa leads the department’s external communications efforts and manages the company’s relationship with its outside PR agency partner, Eric Mower & Associates. Lisa is a graduate of Canisius College in Buffalo, New York where she studied English and Communications.