U.S. wage growth is cooling, but some small businesses aren’t seeing lower labor costs

Labor costs can be one of the biggest expenses for a small business. Employee wages are one of the biggest costs for small businesses.A new survey found some owners may be seeing a bit of relief when it comes to wages. But while some say wage growth has stabilized or slowed, others note they haven’t seen any moderation in their industries yet.The Paychex Small Business Employment Watch found hourly earnings growth for workers at firms with 50 employees or less dropped to 2.89% in...