Strained companies continue cutting jobs

11/9/2009 | USA Today

Economists generally expect small business to lead recovery, but weak sales have small businesses cutting their workforces to survive. NFIB's October report indicated that 19% of the small-business owners surveyed had cut an average of 4.2 workers per firm in the third quarter. Experts say small businesses continue to struggle because credit is tight, they are less likely than large business to benefit from recovery overseas, and uncertainty about health care reform has left them cautious about rising health care costs.

View Full Article in:

USA Today

Published in Brief: