Your Money Minute Small Business Job Growth Outdoing Overall Labor Market 8/11/25
Aug 11, 2025
Explore how small businesses are thriving even as the overall job market faces challenges. Recent reports reveal disappointing labor statistics, yet small business growth continues to impress. Increased investments and rising earnings highlight a sense of optimism for these enterprises, suggesting they might be the bright spot in today’s economy.
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Small Business Resilience
- Small businesses kept hiring even as the overall U.S. jobs report looked weak.
- This segment is holding its own amid broad labor-market softness.
Paychex Reports Steady Small-Firm Gains
- Paychex's small-business employment watch showed steady job gains in July for firms with 50 or fewer employees.
- Weekly earnings hit a six-year low in January but rose steadily over the next six months.
Clarity Spurs Investment, Says Gibson
- John Gibson says clarity on taxes and tariffs will raise owner confidence to invest in their businesses.
- He also notes July saw a jump in hours worked that should put more money in workers' pockets.