Construction employment growth in US

The Paychex | IHS Small Business Jobs Index has reported further growth in February, following a January gain. At 100.75, the national index is 0.08 off the February 2015 figure, which represented the high point last year. The Mountain region remains the top-performing regional index while Washington retains the top spot among states for the second consecutive month.

Other Services (except Public Administration), as defined by the Bureau of Labor Statistics, ranked as the top industry sector, followed by Construction, which had the best one-month growth rate among industry sectors.

“After a strong start to 2016, the Paychex | IHS Small Business Jobs Index increased further in February as the pace of small business growth is up 0.33 percent in the last quarter,” said James Diffley, Chief Regional Economist at IHS. “Moreover, the back-to back gains in January and February were the first consecutive increases in a year.”

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