Paychex | IHS Small Business Jobs Index Moderates in July, Following 2016 Peak in June

Dateline City:
Rochester, N.Y.
Multimedia
2016 July Paychex IHS Small Business Jobs Index
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Economics & Country Risk; Automotive; Healthcare & Pharma; Natural Resources
Katherine Smith, +1 781 301 9311
katherine.smith@ihsmarkit.com
  • Small business job growth declines slightly, down 0.12 percent from the previous month
  • South Atlantic leads regions; East Coast experiences strong year-over-year growth
  • Washington remains top-ranked state, despite growth rate decline in July
  • Seattle tops all metros, followed by Atlanta
  • Other Services (except Public Administration) continues to lead industry sectors

Following a 2016 high point in June, the Paychex | IHS Small Business Jobs Index moderated in July, down 0.12 percent from the previous month. At 100.68, the growth rate of the national index is consistent with the 2016 average and 0.04 percent higher than it was in July 2015. During the past 12 months, small business employment in the regions on the East Coast strengthened. Up 0.52 percent for the past three months, South Atlantic remained in the top spot among regions and is up 0.80 percent year-over-year.

Language:
English
Ticker Slug:
Ticker:
INFO
Exchange:
NASDAQ

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