BUSINESSBUSINESS INSIDER
One chart shows why your next job probably won't be at a big company — and where hiring is actually happening
Over 92% of US hires in May came from businesses with fewer than 1,000 employees, with small businesses gaining a larger share of hiring since the pandemic. Experts attribute this trend to differences in pandemic staffing, lean operations at smaller firms, and AI-driven growth in entrepreneurship.
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Adjacent reporting
- US employers pull back on hiring in June amid elevated inflation, global turmoil
- US hiring slows in what economists are calling a ‘low-momentum’ labor market
- US employers added just 57,000 new jobs in June, lower than expected
- US hiring falls to just 57,000 in June as employers pull back amid elevated inflation, global turmoil
- ADP says businesses create the most new jobs in 15 months. Labor market might be thawing.