Following three months of consistently strong job growth, the Paychex | IHS Small Business Jobs Index declined 0.18 percent from the previous month to its lowest level of 2016. Nevertheless, at 100.59, the national index continues to indicate positive gains in small business employment.

1. 1-MonthPerformance
Highlightingthebestandworstshort-term performance,below isaone-month
analysisoftheindexpercentchangeforallnineU.S.regions,the20largeststates
andmetroareasbasedonU.S.population,andeightmajorindustrysectors.
12-MonthTrend
Callingoutthebestandworstlong-term trends,below isa12-Monthanalysisof
theindexpercentchangeforallnineU.S.regions,the20largeststatesandmetro
areasbasedonU.S.population,andeightmajorindustrysectors.
SmallbusinessesplayapivotalroleintheU.S.
economy,accountingfornearly95percentof
employers.Theyareavitalsourceofentrepreneurship
andinnovation.ThePaychex|IHSSmallBusiness
JobsIndextrackssmallbusinessemploymenttrends
bymeasuringaggregatedpayrolldatafrom the
Paychexclientbase,andprovidestimely,accurate
insightintonational,regional,state,metroandinsightintonational,regional,state,metroand
industryemploymentactivity.
100.59-0.06%
Paychex,Inc.(NASDAQ:PAYX)isaleadingproviderofintegrated
humancapitalmanagementsolutionsforpayroll,HR,retirement,
andinsuranceservices.Bycombiningitsinnovative
software-as-a-servicetechnologyandmobilityplatformwith
dedicated,personalservice,Paychexempowerssmall-and
medium-sizedbusinessownerstofocusonthegrowthand
managementoftheirbusiness.Backedbymorethan40yearsof
industryexpertise,Paychexservesapproximately590,000payrollindustryexpertise,Paychexservesapproximately590,000payroll
clientsacross100locationsandpaysoneoutofevery15American
privatesectoremployees.LearnmoreaboutPaychexbyvisiting
www.paychex.com,andstayconnectedonTwitterandLinkedIn.
IHS(NYSE:IHS)istheleadingsourceofinsight,analyticsandexpertise
incriticalareasthatshapetoday’sbusinesslandscape.Businessesand
governmentsinmorethan140countriesaroundthegloberelyonthe
comprehensivecontent,expertindependentanalysisandflexible
deliverymethodsofIHStomakehigh-impactdecisionsanddevelop
strategieswithspeedandconfidence.IHShasbeeninbusinesssince
1959andbecameapubliclytradedcompanyontheNewYorkStock
Exchangein2005.HeadquarteredinEnglewood,Colorado,USA,IHSisExchangein2005.HeadquarteredinEnglewood,Colorado,USA,IHSis
committedtosustainable,profitablegrowthandemploysapproximately
8,600peoplein32countriesaroundtheworld.
2016Paychex,Inc.AllRightsReserved.
+1.96%
SEATTLE
+1.85%
NEWYORKCITY
+0.84%
MIAMI
+2.59%
NEWJERSEY
+1.53%
OHIO
+1.14%
TENNESSEE
+0.67%
EASTSOUTH
CENTRAL
-2.50%
CHICAGO
-2.33%
ST.LOUIS
-2.17%
HOUSTON
-2.51%
ILLINOIS
-2.00%
INDIANA
-1.51%
MISSOURI
-1.24%
WESTSOUTH
CENTRAL
-1.30%
SANFRANCISCO
-1.12%
HOUSTON
-0.60%
DALLAS
-0.74%
TEXAS
-0.70%
INDIANA
-0.53%
PENNSYLVANIA
-0.61%
WESTSOUTH
CENTRAL
+0.82%
ATLANTA
+0.78%
MINNEAPOLIS
+0.31%
SEATTLE
+0.94%
VIRGINIA
+0.85%
GEORGIA
+0.21%
NEWJERSEY
+0.40%
EASTSOUTH
CENTRAL
-0.16%
3-MonthNationalTrend
AfterconsistentresultsinMarchandAfterconsistentresultsinMarchand
April,Maydecreased0.18percent.
Altogether,thepaceofsmallbusiness
employmentgrowthlost0.16percent
duringthepastthreemonths,lessthan
halfofthegainsachievedduringthefirst
twomonthsof2016.
12-MONTHCHANGE
BYINDUSTRYBYINDUSTRY
-0.37%
CONSTRUCTION
BYINDUSTRYBYINDUSTRY
-0.02%
MANUFACTURING
BYINDUSTRYBYINDUSTRY
+1.26%
OTHERSERVICES
(EXCEPTPUBLIC
ADMINISTRATION)
BYINDUSTRYBYINDUSTRY
-0.68%
FINANCIALACTIVITIES