Paychex | IHS Small Business Jobs Index Increased in November

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At 106.54 and up 2.35 percent year-over-year, Dallas continues to extend its lead as the top-ranked metro index. Seattle moved up 0.43 percent to 102.85 to distinguish itself as the second-ranked metro index. Falling to 99.76, Houston is down 3.84 percent over the past 12 months and is under 100 for the first time since 2010. Gaining 0.80 percent in November, New York City had its best one-month increase in nearly five years, 0.80 percent.

Note: Analysis is provided for the 20 largest metro areas based on U.S. population.

Industry Employment Trend

Coming off a record high in October, Other Services (except Public Administration), which includes offerings as varied as repair and maintenance to personal and laundry services, fell slightly in November to 104.12, but continues to outpace all other industry sectors by a wide margin. Manufacturing remains the lowest-ranked industry, and its 12-month growth rate is also the lowest at -1.04 percent. Construction and Financial Activities had the lowest one-month growth rates in November, declining 0.11 percent.

Note: Analysis is provided for eight major industry sectors.

For more information about the Paychex | IHS Small Business Jobs Index, visit the index website. Plus, view and download the November 2015 Paychex | IHS Small Business Jobs Index infographic. Or sign up to receive monthly alerts on the Paychex | IHS Small Business Jobs Index.

*Information regarding the professions included in the industry data can be found at the Bureau of Labor Statistics website.

About the Paychex | IHS Small Business Jobs Index

The Paychex | IHS Small Business Jobs Index is released each month by Paychex, Inc., a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small-to medium-sized businesses, and IHS, Inc., a leading global source of critical information and insight, providing analysis of small business employment trends across the U.S.

The index analyzes same-store, year-over-year worker count changes to identify and track small business employment trends using real small business payroll data from the Paychex client base. The index is based on aggregated data from approximately 350,000 small businesses with fewer than 50 workers across the United States, one of the largest sample sizes of any small business index or report in the country, and provides timely, accurate insight into national, regional, state, metro, and industry employment activity.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by more than 40 years of industry expertise, Paychex serves approximately 590,000 payroll clients across 100 locations and pays one out of every 15 American private sector employees. Learn more about Paychex by visiting www.paychex.com, and stay connected on Twitter and LinkedIn.

About IHS (www.ihs.com)

IHS (NYSE:IHS) is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.

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