ROCHESTER, N.Y., Aug. 13, 2020 /PRNewswire/ -- Paychex, Inc.
Payroll companies need guidelines on how to implement President Trump's executive order before they can start processing paychecks next month.
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"The pandemic has gotten worse. A lot of the projection for the economic activity were expecting the pandemic to get better," Glenn Hutchins told CNBC.
"We saw the July jobs index drop. That puts us back to about April, so we're flat over the last three months," Paychex CEO Marty Mucci said.
The decline in small-business hiring last month came as Covid-19 cases began to surge anew, especially in the South and West, prompting some states to pause or roll back reopenings.
"We saw the July jobs index drop. That puts us back to about April, so we're flat over the last three months," Paychex CEO Marty Mucci said.
The latest Paychex | IHS Markit Small Business Employment Watch shows that employment growth moderated as new COVID-19 hot spots emerged in the South and West regions of the U.S. The national jobs ind
Small businesses continue to face unprecedented challenges during the pandemic.
Strs Ohio cut its holdings in shares of Paychex, Inc. (NASDAQ:PAYX) by 29.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC
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