The Right Approach: Get Ready for ISO 9001 Version 6
Dan’s Biz Bookshelf: ‘Still Broke: Walmart’s Remarkable Transformation'
Driving Innovation: Depth Routing Processes—Achieving Unparalleled Precision in Complex PCBs
Small Business Job Growth Rebounds in September; Wage Growth Also Increases
October 1, 2019 | IHS MarkitEstimated reading time: 1 minute
Job growth increased in September, as did hourly and weekly earnings growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. At 98.22, the national jobs index experienced its largest gain in three years (0.21%), breaking with recent trends; however, the index remains down 0.97% year-over-year. In September, hourly earnings growth rose at its fastest one-month pace since 2016 to 2.77% ($0.74). Weekly earnings growth continued its upward trend as well, reaching 2.93%.
“The national index turned up for the first time since February. While still almost a full percentage point below a year ago, it remains to be seen whether this one-month change marks a turning point,” said James Diffley, chief regional economist at IHS Markit.
“Employment and earnings increases in the Construction industry contributed to the encouraging national gains for both jobs and wages in September,” said Martin Mucci, Paychex president and CEO. “Increased optimism from business owners in their ability to fill open positions with qualified candidates and raise wages was also reflected in our Fall 2019 Business Sentiment Report, released last week.”
Broken down further, the September report showed:
- The South remains first among regions in employment growth; hourly earnings growth in the Northeast hit a decade high.
- Tennessee continues to lead states in small business job growth; Illinois remains the top state for wage growth.
- Dallas is again the top metro for job growth; San Diego maintains its lead among metros in wage growth.
- Recent increases in weekly hours worked growth has sparked weekly earnings; the three-month weekly earnings annualized growth rates are higher than the 12-month rates in every industry.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
09/12/2025 | Marcy LaRont, I-Connect007We may be post-Labor Day, but it is still hot-hot-hot here in the great state of Arizona—much like our news cycles, which have continued to snap, crackle, and pop with eye-raising headlines over this past week. In broader global tech news this week, AI and tariff-type restrictions continues to dominate with NVIDIA raising its voice against U.S. lawmakers pushing chip restrictions, ASML investing in a Dutch AI start-up company to the tune of $1.5 billion, and the UAE joining the ranks of the U.S. and China in embracing “open source” with their technology in hopes of accelerating their AI position.
Dan’s Biz Bookshelf: ‘Still Broke: Walmart’s Remarkable Transformation'
09/11/2025 | Dan Beaulieu -- Column: Dan's Biz BookshelfRick Wartzman’s Still Broke: Walmart’s Remarkable Transformation and the Limits of Socially Conscious Capitalism is both a wake-up call and a mirror—showing us things we might not want to admit. He doesn’t come out swinging with anti-corporate rage or idealistic fluff. No, he does something more powerful. He tells the plain, honest, uncomfortable truth, and those with a stake in business, leadership, or the American economy should read this book.
Summit Interconnect Announces Appointment of Leo LaCroix as Chief Operating Officer
09/09/2025 | Summit Interconnect, Inc.Summit Interconnect, a leading North American manufacturer of Printed Circuit Boards (PCBs), today announced that Leo LaCroix has assumed the role of Chief Operating Officer (COO).
The Chemical Connection: Experience and Wisdom Gained by Doing Business
09/03/2025 | Don Ball -- Column: The Chemical ConnectionA well-managed company learns to adjust its strategies and processes based on what it learns during challenging times. The experience gained from making (or losing) a difficult sale is invaluable in adapting new sales and manufacturing processes necessary to make that sale the next time, no matter how painful those new processes might be.
Partnerships Drive Innovation for a Brighter Manufacturing Future
08/26/2025 | Barry Matties, I-Connect007When Schweitzer Engineering Laboratories (SEL) opened its greenfield facility in 2023, it did so with careful attention to choosing its suppliers. In this discussion, Collin Peters, electronics business director for North America at MKS’ Atotech, and Justin Kennedy, manager of engineering at SEL, explore their unique partnership that includes collaborative efforts to develop innovative solutions like the Uniplate® PLBCu6 line.