
business
impactful
update
Economic uncertainty leads to devastating job losses in small businesses
Dec 3, 2025, 11:34 AM20
(Update: Dec 4, 2025, 9:30 AM)
business
impactful
update
Economic uncertainty leads to devastating job losses in small businesses
- In November 2025, the private sector lost a total of 32,000 jobs, significantly driven by losses among small businesses.
- Small businesses were particularly affected, shedding 120,000 jobs amid economic uncertainties and tariff issues.
- Experts predict that the challenging labor market will likely continue into 2026 without more clarity on tariffs.
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2026 All rights reserved


2026 All rights reserved