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Small Business Job Growth Slows in June, While Wage Growth Increases (access required)

The Paychex | IHS Markit Small Business Employment Watch for June shows slowing small business job growth accompanied by continued steady wage growth, together indications of an increasingly tight labor market. The national jobs index fell 0.45 percent from the previous month to 98.32 in June. Conversely, with a three-month annualized growth rate near three percent, hourly earnings ...

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