Report: Tennessee leads nation in small business employment growth
NASHVILLE, Tenn.--Human Resources and Payroll company Paychex reports Tennessee leads the nation in small business employment growth.
According to the company's Small Business Jobs Index, Tennessee led the nation with an index of 104.17.
The index analyzes same-store year-over-year worker count changes based on small business payroll data among clients which use Paychex. The data was collected from 350,000 small businesses with less than 50 employees.
The East South Central area -Kentucky, Tennessee, Alabama, and Mississippi saw the largest increases in the country with a 12-month growth rate of 2.62 percent, over two times more than any other region.