The Paychex | IHS Small Business Jobs Index indicates small business employment conditions are beginning 2017 on firm footing, recovering from a slowdown of gains during the fall months.

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.
100.62-0.03%
Paychex,Inc.(NASDAQ:PAYX)isaleadingproviderofintegrated
humancapitalmanagementsolutionsforpayroll,HR,retirement,
andinsuranceservices.Bycombiningitsinnovative
software-as-a-servicetechnologyandmobilityplatformwith
dedicated,personalservice,Paychexempowerssmall-and
medium-sizedbusinessownerstofocusonthegrowthand
managementoftheirbusiness.Backedby45yearsofindustry
expertise,Paychexservesapproximately605,000payrollclientsexpertise,Paychexservesapproximately605,000payrollclients
acrossmorethan100locationsandpaysoneoutofevery12
Americanprivatesectoremployees.
2017Paychex,Inc.AllRightsReserved.
+3.13%
BALTIMORE
+1.93%
WASHINGTON
+1.66%
MINNEAPOLIS
+2.28%
TENNESSEE
+2.21%
VIRGINIA
+1.58%
MARYLAND
+2.62%
EASTSOUTH
CENTRAL
-3.03%
DALLAS
-2.24%
ST.LOUIS
-1.92%
HOUSTON
-2.17%
ILLINOIS
-2.10%
TEXAS
-1.61%
WISCONSIN
-1.81%
WESTSOUTH
CENTRAL
-1.57%
ST.LOUIS
-1.02%
TAMPABAY
-0.14%
WASHINGTON
-0.84%
NORTHCAROLINA
-0.26%
ILLINOIS
-0.26%
NEWJERSEY
-0.09%
SOUTH
ATLANTIC
+0.99%
HOUSTON
+0.61%
SANDIEGO
+0.32%
PHILADELPHIA
+1.13%
TENNESSEE
+0.87%
INDIANA
+0.46%
MISSOURI
+0.41%
WESTSOUTH
CENTRAL
+0.21%
3-MonthNationalTrend
SmallbusinessjobsconditionsimprSmallbusinessjobsconditionsimproved
0.21percentduringthepastquarter.
Whiletheindexwasessentiallyflatin
November,DecemberandJanuary
broughtconsecutiveincreases.
12-MONTHCHANGE
BYINDUSTRYBYINDUSTRY
-0.20%
FINANCIAL
ACTIVITIES
BYINDUSTRYBYINDUSTRY
+0.36%
MANUFACTURING
BYINDUSTRYBYINDUSTRY
+0.42%
TRADE,
TRANSPORTATION,
ANDUTILITIES
BYINDUSTRYBYINDUSTRY
-1.45%
MANUFACTURING
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