Small Business Job Growth Strong in First Quarter, According to Paychex | IHS Small Business Jobs Index

Dateline City:
Rochester, N.Y.
Multimedia
2016 March Paychex IHS Small Business Jobs Index
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Economics & Country Risk; Automotive; Healthcare & Pharma; Natural Resources; Maritime
Katherine Smith, +1 781 301 9311
katherine.smith@ihs.com
  • The pace of small business job growth improved 0.36 percent since January
  • Mountain remains top-ranked region
  • Washington continues as top state, followed by Florida
  • Seattle overtakes Dallas as top metro
  • Other Services leads industry sectors, with Construction ranking second

The Paychex | IHS Small Business Jobs Index moderated slightly—from 100.75 in February to 100.74 in March. The first quarter of 2016 marks the index’s best three-month increase in two years, with a gain of 0.36 percent. The Mountain region remains the top-performing regional index. Washington extends its lead among states, increasing 0.39 percent to an index level of 103.93. Seattle ranks as the top metro area for small business job growth, overtaking Dallas, which had held that position for well over a year.

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IHS
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