Comment on Small businesses are scaling back hiring. Here’s what it means for the economy

Small businesses are scaling back hiring. Here’s what it means for the economy

Temporary hires offer a way for companies to cope with tight labor markets, and their declining use is considered a sign of economic slowing. Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when Chief Executive Kenzie Biggins thought she found a good match.

 

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