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Small business layoffs may have hit bottom

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Layoffs leveled off in April, although furloughs mount as small businesses fight to survive. Overall, headcount among small businesses fell by 4.7% last month, according to payroll provider Gusto.

right now, Three Babes Bakeshop in San Francisco has been through it all. In early March, "we first started cutting hours and part-time workers and then all of our customers cancelled orders and we laid off 20 of 26 workers," said founder Lenore EstradaIn May, Estrada received a loan through the Paycheck Protection Program and has since rehired a few employees but the lack of public transportation and child care remain issues.

Small businesses in industries that were less affected by the crisis also made strides in April, including facilities, finance and consulting.

 

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This is the cost for having failed Trump University, failed Trump steaks, multiple bankruptcies with only one Bank who would do business with him as your leader. What the hell were you thinking?

Layoffs have hit bottom. Next will be the small businesses closing for good. No bottom in sight for that.

Just getting started

State and Local government layoffs are just beginning. GOP Do something!

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