Wage growth slows in Houston, across Texas in August, Paychex, IHS Markit study shows

While Houston’s employment market has shown signs of improvement in recent months compared to earlier in the pandemic, a new report found that wage growth has slowed significantly in the Bayou City.

The Paychex IHS Markit Small Business Employment Watch for August aggregated payroll information from a subset of Rochester, New York-based Paychex Inc. (Nasdaq: PAYX) clients from July 17 through Aug. 20.

According to an analysis of the 20 largest U.S. metro areas based on population, the wage report…