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PaychexLaunch

U.S. Small Business Employment Rate Remains Steady in September

What happened

Paychex released its September 2026 Small Business Employment Watch report, showing a 0.02 percentage point increase in the pace of job growth to 99.15.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

ROCHESTER, N.Y., Sept. 29, 2026 (GLOBE NEWSWIRE) -- According to the Paychex Small Business Employment Watch , which reports on employment levels in U.S. small businesses with fewer than 50 employees, the pace of job growth increased 0.02 percentage points to 99.15 in September. The jobs index remained broadly in line with the 2026 year-to-date average of 99.19. Hourly earnings growth remained below three percent in September (2.78%), extending a more than two-year trend of moderating wage growth. At the same time, weekly earnings and hours worked growth remained positive, indicating businesses continue to meet demand through existing workforce capacity. "The small business labor market continues to demonstrate remarkable stability," said John Gibson, Paychex president and CEO. "Our data shows businesses are largely maintaining staffing levels. The pace of employment growth across our overall client base improved slightly in September, with stronger growth among businesses with more than 50 employees. Sustained increases in weekly earnings and hours worked growth demonstrate that businesses continue to meet operational needs without increasing hiring. With hourly earnings growth remaining below three percent for more than two years, labor cost pressures have become more manageable. These trends point to a labor market that remains fundamentally solid." Jobs Index and Wage...

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Extracted by Autobound

From the Signal API record
Event
Launch

What this signalsA launch often needs new go-to-market and support spend.

Product
Paychex Small Business Employment Watch
Takes effect
Sep 1, 2026
Location
Rochester, New York, United States

The full record

From the Signal API record

Details

Release type
Report

Topics and mentions

Product tags

  • report
  • data

Extraction

Confidence
90%
Detected
Sep 29, 2026
signal_type
news
signal_subtype
launches

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/80197b54-ea90-4a5a-18df-1c5ab2bd31de returns this record as JSON. POST /v1/companies/enrich returns every signal for paychex.com.

{
  "signal_id": "80197b54-ea90-4a5a-18df-1c5ab2bd31de",
  "signal_type": "news",
  "signal_subtype": "launches",
  "detected_at": "2026-09-29T12:30:00+00:00",
  "company": {
    "name": "Paychex",
    "domain": "paychex.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/09/29/3370828/0/en/u-s-small-business-employment-rate-remains-steady-in-september.html",
    "title": "U.S. Small Business Employment Rate Remains Steady in September",
    "excerpt": "ROCHESTER, N.Y., Sept. 29, 2026 (GLOBE NEWSWIRE) -- According to the Paychex Small Business Employment Watch , which reports on employment levels in U.S. small businesses with fewer than 50 employees, the pace of job growth increased 0.02 percentage points to 99.15 in September. The jobs index remained broadly in line with the 2026 year-to-date average of 99.19. Hourly earnings growth remained below three percent in September (2.78%), extending a more than two-year trend of moderating wage growth. At the same time, weekly earnings and hours worked growth remained positive, indicating businesses continue to meet demand through existing workforce capacity. “The small business labor market continues to demonstrate remarkable stability,” said John Gibson , Paychex president and CEO. “Our data shows businesses are largely maintaining staffing levels. The pace of employment growth across our overall client base improved slightly in September, with stronger growth among businesses with more than 50 employees. Sustained increases in weekly earnings and hours worked growth demonstrate that businesses continue to meet operational needs without increasing hiring. With hourly earnings growth remaining below three percent for more than two years, labor cost pressures have become more manageable. These trends point to a labor market that remains fundamentally solid.” Jobs Index and Wage...",
    "product": "Paychex Small Business Employment Watch",
    "summary": "Paychex released its September 2026 Small Business Employment Watch report, showing a 0.02 percentage point increase in the pace of job growth to 99.15.",
    "location": "Rochester, N.Y.",
    "planning": false,
    "image_url": "https://ml.globenewswire.com/Resource/Download/3545f218-10d1-412e-80d3-9e3960084691",
    "confidence": 0.9,
    "product_data": {
      "name": "Paychex Small Business Employment Watch",
      "full_text": "the Paychex Small Business Employment Watch",
      "fuzzy_match": false,
      "release_type": "report"
    },
    "product_tags": [
      "report",
      "data"
    ],
    "published_at": "2026-09-29T12:30:00Z",
    "location_data": [
      {
        "city": "Rochester",
        "state": "New York",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-09-01",
    "article_sentence": "According to the Paychex Small Business Employment Watch , which reports on employment levels in U.S. small businesses with fewer than 50 employees, the pace of job growth increased 0.02 percentage points to 99.15 in September."
  }
}

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