Small Businesses Bear Brunt of April Job Losses

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The ADP Employment Report for April provides yet another strong indication of how much the recession is hurting small businesses.  Businesses with fewer than 500 employees accounted for 414,000 of the 491,000 jobs lost in ADP's April survey (or 70%).  According to CNNMoney.com, this is the "15th consecutive month of employment declines at America's small businesses."  Here's a look at monthly figures from the ADP Employment Report, based on company size:

Read the ADP report here.  


Posted 05-07-2009 5:57 AM by Graham Griffith
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