Small-business jobs continue to decline, NFIB survey shows

06/4/2010 | Reuters ·

The hiring freeze continues at small businesses despite an expected increase at larger businesses, an NFIB survey showed. Average employment per small firm fell by 0.5 workers in May on a seasonally adjusted basis, NFIB said. Most companies surveyed said their employment levels didn't change at all, but 20% of business owners said they cut their workforce by an average of four employees. NFIB cited continued weak sales for the subdued employment report.

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