Small business layoffs may have hit bottom: Study

Small business layoffs may have hit bottom: Study

The coronavirus pandemic caused an unprecedented jump in job losses, but the worst may be over, at least for now.

After spiking more than 1,000% in March, layoffs among small business leveled off last month, according to exclusive data compiled by human resource provider Gusto and based on more than 100,000 small businesses nationwide.

“We are no longer in this free fall,” said Tomer London,…

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