Research >> Economics
Paychex-IHS Small Business Jobs Index Increases to 101.26 in April
The Paychex | IHS Small Business Jobs Index grew 0.50 percent in the 12 months leading up to April, increasing to 101.26, a new peak level, reflecting improving employment conditions. Washington had the greatest gains among the states measured, with help from Seattle, which showed the highest increase in growth rate among metro areas.
The Paychex | IHS Small Business Jobs Index increased 0.10 percent in April indicating job growth improvement, bringing the three-month growth rate to 0.22 percent.
The April increase in the Paychex | IHS Small Business Jobs Index adds to a series of optimistic signals in 2014 that job security and employment conditions are improving for American workers.
This month's small business jobs index continues to show a trend we've been seeing for many months now. While certain regions, states, and metro areas are experiencing accelerated growth, overall employment among small businesses continues to advance at a slow, steady pace.
Posted: April 29, 2014 Tuesday 08:30 AM