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South leads all regions in employment growth and shows continued strength for jobs and wage growth in the construction industry.
January 8, 2021
By: Anthony Locicero
Copy editor, New York Post
The latest Paychex | IHS Markit Small Business Employment Watch benchmark report reveals the effect of increasing COVID-19 cases on small businesses in the U.S. The Jobs Index shows a slowing of 0.24% in December to 94.06, a decrease of 4.18% from the year prior. A decline in weekly hours worked and hourly earnings growth decelerating to 2.63% brought national weekly earnings growth to 2.42%. “The winter season brought a surge in COVID-19 cases and with it a retreat in jobs growth,”...
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