Economics
The Smallest US Businesses Are Laying Off the Most Workers
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Layoffs and discharges are starting to pile up at America’s smallest firms.
Some 305,000 workers lost their jobs in October at businesses with less than 10 employees, according to data released Wednesday by the Bureau of Labor Statistics. That’s up by 137,000 from the previous month. It was the biggest change in any of the firm-size categories broken out by the BLS.