Small businesses lead Nov. job losses
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Hiring dropped off significantly at US private-sector businesses in November, according to new data from payroll giant ADP.
New ADP data revealed that businesses with 50 or fewer employees shed over 100,000 jobs, while larger firms gained employees.
The National Federation of Independent Business Research Center also surveys small businesses, and it also found a mixed bag.
Small business employment growth ticked higher in November, according to the latest Paychex Small Business Employment Watch.
The layoffs represent a 54% increase from the same period a year earlier, when employers cut 761,358 jobs, according to the ...
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