In September, U.S. small business job growth slowed, hourly earnings rose 3.01%, and the national jobs index fell to 99.84.
In September, job growth at small U.S. businesses (fewer than 50 employees) slowed, with hourly earnings rising by 3.01%. The national jobs index decreased to 99.84, reflecting moderate growth. The Midwest showed the strongest regional performance, while Indiana led at the state level. The education and health services sector saw the most job growth but also the largest slowdown. Challenges in attracting employees persist, prompting advice on compliance with the Corporate Transparency Act.
October 01, 2024
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