Paychex: US small business job growth holds steady in July, jobs index at 99.23

• Paychex reported steady U.S. small-business job growth in July, with its jobs index at 99.23 versus a 99.20 first-half average.
• Hourly earnings growth stayed below 3% at 2.86%.
• Weekly hours worked rose 0.40%, the strongest increase in more than five years.
• Weekly earnings growth accelerated to 3.14%, the strongest reading since December 2023.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paychex Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.