. -- paychex will be optimistic this quarter. with the fed rate hike on the agenda shortly you want to own paychex which benefits from short-term interest rates. finally, number one pay roll thursday if there's been any positive action in greece i don't think there will be but i just pointed out, and we also get a strong jobs number and then we'll hear from fed members that a fed rate hike will be in september no matter what will you hear about it that afternoon. most people are not set up for rate hike that suggests you have to be careful going into the number because it will be the one thing that triggers certainty about fed tighting if greece is in the rearview mirror. bottom line. we are book ended by greece and pay roll numbers they will determine everything next week. i come in proconsolation brands and paychex but am a realist, it is all about the larger forces turning stocks into play things for the big boys. steven in florida. steven! >> caller: hi booyah mr. cramer thanks for taking my call. what's your opinion on hess.

no one has lost their job except for a couple that have resigned and are still getting paychex. where is the accountability? >> being in a civil service means that rather than you say you're sorry, that's the sad truth. i was in the civil service for a large part of my work life and the work was incredibly boring and dreary but lifetime security, and it's got its perks. they don't get paid a lot, but it's got its perks. no one is held accountable. what do you think? >> neil there is not one shred of accountability. there is absolutely no profit motive when it comes to government. when no one is looking over your shoulder you can do whatever you want and sign up for anything. i'm surprised they do not have foot massages and grey goose on the table. >> we're not sure if they do. >> remember you're supposed to trust them. >> trust exercise. >> trust exercise. >> i wish we had more time for both these guys. i want to thank julie now. don't have a fit if you missed the high-flying debut. our pros have even bigger hits for you. sometimes the present looked bright. sometimes romantic.

here to discuss this and give us paychex's monthly report is marty mucci.rty and the implications. good, bad? what's going to happen here? >> well it always adds more cost to small businesses. you know we want to make sure that people are paid right, but when you increase that many into the overtime bucket, it's going to put a lot of pressure on small businesses to reduce overtime hours and drive more productivity from existing workers. >> long-term don't you think what will happen is just base salaries will get reset? >> well i think so. but in the short-term it does put pressure on small business who see a positive economy right now. but now booming yet. so they're being very careful to add workers. this just puts more pressure on them to keep their expenses down. >> steve, this is the jared bernstein proposal right? >> i'm having a hard time getting behind it. when i think it through and maybe tom can help me out with this. i've been thinking about it this morning. is this idea that olympics so i don't want to engender all about this other worker you bro

. >>> paychex just out with its monthly small business jobs index.ng that employment growth slowed in the month of may, bringing the index to the lowest level so far this year. let's go inside the numbers with marty mucci. the ceo of paychex. this is our first data point. we see this on what is today? tuesday. then we see wednesday adp and claims on thursday and big number on friday. so, does this 0.7% doesn't seem like a lot and still above 100, isn't it? >> yes, it is. joe, we're still seeing growth but seems to be like the rest of the economy indicators. it's moderate. but it's inconsistent. >> yeah so it's right in line with our overall sort of feeling. moderate, not, you know not stall speed, but maybe just above stall speed, which has been sort of par for the course for more than a few years now. where were the top regions for employment this time around? small business employment? >> yeah. central, central, the central regions are still the strongest and the east north central. kind of that michigan indiana seems to be the strongest. but all t