Small-business layoffs reverberate across the country

05/7/2009 | CNNMoney

Small businesses are at a critical point now as the recession lingers, and as owners decide daily where to trim operating expenses, their cutbacks create a domino effect in local communities across the country. An ADP report released Wednesday indicates that April was the 15th consecutive month that small-business employment declined, as shops with fewer than 500 employees let go about 414,000 workers.

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