Paychex Sees Dip in Small Business Jobs in August

Payroll giant Paychex detected a slight slowdown in small business employment growth last month.
The payroll company reported Tuesday that the Paychex | IHS Small Business Jobs Index it tracks with the research firm IHS decreased 0.17 percent from July to August, bringing the national index to 100.48. There was little movement in recent months, giving way to August’s decline.

The index was down 0.51 percent from August 2014. The East North Central region of the country continued to be the top-performing regional index despite a slight decrease month over month.