Small Businesses Crumble: 120K Job Losses
Update: 2025-12-03
Description
Small businesses in the US are struggling, driving job losses in the private sector during November. ADP reports a total loss of 32,000 jobs, with 120,000 of those coming from small establishments. Medium and large businesses saw job growth, but the overall picture is grim, with job losses across various industries and a net loss of 32,000 jobs, the largest monthly drop in two and a half years.
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