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U.S. Small Business Job Growth Remains Largely Unchanged in May

June 03, 2025
 

The Paychex Small Business Employment Watch for May showed job growth in businesses with fewer than 50 employees remained largely unchanged in May.
Hourly earnings growth reaches new four-year low

Rochester, N.Y. (June 3, 2025) — In May, job growth in U.S. small businesses remained largely unchanged from April, according to Paychex Small Business Employment Watch. The Small Business Jobs Index, which is a primary component of Paychex’s monthly employment report for businesses with fewer than 50 employees, has continued to show steady, flat employment growth throughout 2025. Meanwhile, hourly earnings growth for U.S. small business workers reached a four-year low at 2.77% in May.

Read the full news release on the Small Business Employment Watch site.

Tracy Volkmann

Tracy Volkmann

Tracy Volkmann began working at Paychex in July 2014 and currently manages public relations for the company. In this role, she is responsible leading the PR function, protecting the company's reputation, and driving positive earned media coverage for Paychex. Tracy is a graduate of St. Bonaventure University and started her career in collegiate athletic communications, having spent seven years at West Point.

585-387-6705
tvolkmann@paychex.com

Manager, Public Relations