Fewer Small Businesses Adding Jobs, Payroll Company Says ; Smaller Firms Usually Hire Employees First

Buffalo NewsJuly 12, 2010

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For the recovery to gain steam, most economists believe small businesses need to be strong enough to hire new workers. But according to one measure, the employment picture in this sector is weakening.

Intuit Inc., which provides payroll services for small employers, says the nation's tiniest companies had fewer new hires last month than any time since October.

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Fewer Small Businesses Adding Jobs, Payroll Company Says ; Smaller Firms Usually Hire Employees First

The data are further evidence of a trend that has had many economists worried for months and intensifies concerns that smaller firms may not be robust enough to help lead the country out of its financial s...

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