Small-business employment grew in June

Small businesses continued to ramp up their hiring this month, particularly in the leisure and hospitality sector, as the economy recovers from the pandemic, according to payroll giant Paychex.

The Paychex | IHS Markit Small Business Employment Watch, released Tuesday, found small-business employment growth increased 0.26% in June. The related Small Business Jobs Index grew 4.53% in the second quarter of 2021. Hiring in the leisure and hospitality sector grew 12.65% in the second quarter. Hourly earnings growth grew slightly, from 2.82% in May to 2.84% in June.

Thanks to the wide availability of vaccines, more parts of the country have been rolling back restrictions on businesses, even though low vaccination rates in some states are leading to the spread of the more transmissible Delta variant.

“Things are clearly opening up more, and people are going back to work,” said Frank Fiorille, vice president of risk management, compliance and data analytics…

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