Small Businesses Reducing Workers for the Last Four Months

Tyler Mitchell By Tyler Mitchell Sep6,2024 #finance

– The ADP Employment Report shows the economy added 99,000 jobs in August. That is a considerable slowdown. Importantly, a breakdown of jobs by firm size shows small businesses have shed jobs for four months.

> This is the old “Addition by Subtraction” view of jobs. A classic Political Stunt, done primarily by those that like to hide, project, falsely claim, and/or a host of other reasons. None worthy of being used, but they don’t wish to let Facts get in the way…

So a correct headline might read something like this:
The ADP Employment Report shows the economy has Lost another 12,000 Job’s in August, this on top of the following: 45,000 Jobs Lost in July, 2,000 Jobs Lost in June, 31,000 Jobs Lost in May, and additionally 23,000 Jobs Lost in April.
That is a considerable slowdown!!!

Funny though, I Don’t See Any Jobs Added???

Tyler Mitchell

By Tyler Mitchell

Tyler is a renowned journalist with years of experience covering a wide range of topics including politics, entertainment, and technology. His insightful analysis and compelling storytelling have made him a trusted source for breaking news and expert commentary.

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