Small Business Employment Growth Is on the Rise, According to the Paychex | IHS Small Business Jobs Index

  • Small Business Jobs Index

The Paychex | IHS Small Business Jobs Index continued to increase in February, rising to 100.78, up 0.16 percent from the previous month and 0.39 percent for the quarter. Not only has the national index increased for three consecutive months, but the rate of growth has increased each month as well. The national index, however, is approximately flat to February 2016, up just 0.03 percent.

East South Central continues to lead small business growth among regions, improving its pace 1.83 percent year-over-year, followed by South Atlantic. Tennessee once again leads all states. Top-ranked for the third consecutive month at 103.85, Atlanta spiked 0.93 percent, its best one-month gain in nearly three years. Financial Activities jumped 0.53 percent in February, the best one-month gain among the industry sectors.

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.

By | 2017-03-06T13:20:26+00:00 March 7th, 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.