U.S. Small Business Employment Remains Stable in February
Portfolio Pulse from
The Paychex Small Business Employment Watch reports stable employment growth among U.S. small businesses in February, with the Small Business Jobs Index at 100.04. Hourly earnings growth remains below three percent for the fourth consecutive month.
March 04, 2025 | 1:45 pm
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Paychex reports stable employment growth among U.S. small businesses, with the Small Business Jobs Index at 100.04. Hourly earnings growth remains below 3% for the fourth month.
The report from Paychex indicates stable employment growth, which is a positive sign for the company's business model focused on payroll and HR services. However, the lack of significant wage growth may limit immediate revenue growth potential, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80