The U.S. labor market is showing signs of cooling, particularly impacting small businesses, which have lost jobs for six consecutive months this year.
Declining employment numbers within small businesses reflect challenging macroeconomic conditions and indicate a pressing need for wider support measures from Washington.
Despite small businesses employing a large percentage of the workforce, their ability to hire and retain workers has been significantly hindered, indicating a shift in economic activity.
The transition of economic activity from small businesses to larger firms could have long-lasting effects, influencing future innovation and the overall economy.
Collection
[
|
...
]