Job creation in November bounced back, with 227,000 jobs created, after coming to a standstill in October.
Read MoreCommentary: Confidence That Trump’s Economy Is Returning Fueled the Latest Strong Jobs Report
Tag: Job Creation
Commentary: New Biden Labor Dept. Rule Likely to Hurt Millions of Small Businesses, Independent Contractors
Some 99% of American companies are small businesses, and 100% of businesses started out small, but a recently finalized rule from the Biden administration’s Labor Department will make it harder for small businesses to start, grow and succeed.
As of last May 1, a White House news release pointed out, “Young firms, which often start small with few employees, are a driving force in job creation.” That’s been particularly true since the COVID-19 pandemic, as small businesses with fewer than 50 employees have accounted for a growing share of new jobs.
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