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Small business index declines in August (access required)

The Paychex | IHS Markit Small Business Employment Watch index of small-business job growth and wages continued its decline in August. The small business job index fell 0.73 percent to 99.22 in August, while wage data grew 2.21 percent to $26.71 per hour. In July, wage data grew 2.42 percent. “Small businesses continue to reduce hiring in ...

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