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Small Business Jobs Growth Shows 1st Significant Gain Since Start of Pandemic in U.S.

The leisure and hospitality industry led job growth, improving a full percentage point from the previous month.

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By: Anthony Locicero

Copy editor, New York Post

The latest Paychex | IHS Markit Business Employment Watch shows notable increases in jobs growth in March across all four U.S. regions and nearly all states and metros analyzed in the report.    The Small Business Jobs Index increased to 94.25 in March. While the index remains 4.03% below its March 2020 level, last month’s 0.30% increase has been the most significant one-month gain since 2013.   Another leading indicator of economic strength, hourly earnings, reached 2.98%, its fourth mo...

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