Small business hiring slowdown signals economic warning for U.S.
LOS ANGELES, Sept. 22 (Xinhua) -- Small businesses across the United States are pulling back on hiring at the fastest pace since the early months of the COVID-19 pandemic, raising concerns about potential economic slowdown, warns one economist.
The percentage of small businesses with unfilled job openings dropped to 32 percent in August, down from the previous month and marking the lowest level since July 2020,