Job losses slowing, but still hurting small companies

July 2009
njbiz;7/6/2009, Vol. 22 Issue 27, p4
The article focuses on the elimination of 473,000 jobs in the private sector in 2009, based on the ADP National Employment Report. Small and midsized businesses have recorded heavy job losses. The average monthly employment losses for April, May and June is 492,000, according to Macroeconomics Advisers chairman Joel Prakken. He predicts the continued decline in employment among small-size businesses.


Related Articles

  • Smaller Businesses Shoulder Job Cuts. Daks, Martin C. // njbiz;1/12/2009, Vol. 22 Issue 2, p2 

    The article discusses the job cuts being expereinced by smaller businesses. The author cites the December 2008 ADP National Employment Report which estimated that 693,000 jobs were lost across the country. Joel Prakken, chairman of Macroeconomic Advisers LLC believes that the economy is headed...

  • Campaign backs volunteers plan. Jump, Paul // Third Sector;7/30/2008, p3 

    The article focuses on a campaign launched by Volunteering England to encourage small and medium-sized businesses to establish employer-supported volunteering schemes. According to government figures, only 14% of private sector employees who work for small and medium-sized businesses have access...

  • Gender Empowerment in Jordan. Abu Kharmeh, Suleiman Salameh // Canadian Social Science;2012, Vol. 8 Issue 2, p201 

    The paper addresses the factors that hinder women's participation in the private sector in Jordan, through assessing the basic factors that hinder women's empowerment and the role of small and medium enterprises (SMEs) in Jordan in order to achieve the following objectives: explore the meaning...

  • SME DEVELOPMENT STRATEGIES IN ROMANIA. Ionitţă, Roxana; Pîndache, Elena // International Conference : CKS - Challenges of the Knowledge Soc;Jan2009, p913 

    Taking into account the fact the majority of new enterprises are small and medium-sized ("SME"), it follows that the new private sector absorbed most of the discharged labour power, while contributing to the formation of a new generation of employers and employees.

  • Shop Small Every Day; Support Local Businesses. BOWMAR, Nikki // State Journal (WV);11/6/2015, Vol. 31 Issue 44, p27 

    No abstract available.

  • ADP Finds Private Sector Added 212,000 Jobs in February. Cohn, Michael // Accountingtoday.com;3/4/2015, p4 

    The article reports that private sector employers added 212,000 jobs in February 2015. Topics covered include the slightly weaker job gains due to the winter weather, the number of jobs added by small businesses, and the bulk of job gains coming from the service industry. Also mentioned are the...

  • CBIZ Small Business Employment Index Returns to Positive Territory.  // Insurance Broadcasting;4/4/2014, p1 

    The article reports an increase of 1.01 percent in CBIZ Small Business Employment Index (SBEI), a barometer for hiring trends, during the month of March 2014. It mentions that previous SBEI readings revealed a decrease of 0.40 percent during February 2014, preceded by a decline of 2.1 percent...

  • SMALL BUSINESS: THE ENGINE OF THE ECONOMY. Mules, Rachel // BusiDate;Mar2015, Vol. 23 Issue 1, p4 

    The article examines the role, contribution and importance of small business in Australian economy. Topics discussed include small business in Australia comprising 95 percent of all businesses, employing almost half of the private sector workforce and producing a third of GDP; small businesses...

  • Timed out? Smedley, Tim // People Management;12/9/2010, p18 

    The article discusses the implication of public-sector layoffs for private-sector employers in Great Britain. Chartered Institute of Personnel and Development (CIPD) chief economist John Philpott predicts 725,000 job losses in the public sector due to reduced government spending. Government...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics