Smallest U.S. Employers Struggle to Find Workers
Author: internet - Published 2020-02-10 06:00:00 PM - (218 Reads)Head count at businesses with fewer than 20 employees was essentially unchanged in 2019, according to an analysis of ADP payroll data by Moody's Analytics and cited by the Wall Street Journal . This marks the first time small employers haven't added to their payrolls since 2010, when businesses of all sizes were recovering from the financial crisis. Larger businesses continued to expand their payrolls for a record 10th consecutive year. More than 5.3 million businesses have fewer than 20 employees, based on the latest data available from the U.S. Small Business Administration.