Employers With Fewer Than 50 Employees Impacted Most
According to the ADP Research Institute’s September 2016 Small Business Report®, small businesses with fewer than 50 employees added just 34,000 jobs in September. That is the slowest growth since December 2013, and continues a downward trend that began last April.
Is the slowdown pre-election jitters? Or post-summer slowdown? Only time will tell. Yet small businesses employ over half our nation’s workforce, so these reports are worth monitoring closely.
Here is a rundown of key figures from the report (see bottom for link to full report):