Workers at small businesses ended 2019 with earnings growth at an "all-time high," according to the Paychex-IHS Markit Small Business Employment Watch for December.
The number of hours worked at small businesses last month had the strongest gains since 2012, pushing weekly earnings growth to 4.13 percent, a new all-time high for employees of small businesses, according to the report. The pace of small business employment growth remains consistent, with the national jobs index increasing slightly (0.06 percent) in December to 98.16.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.