Small businesses with less than 50 employees slashed 12,000 jobs last month, the smallest decline since July of 2008, but businesses in the service sector actually added jobs for the second consecutive month.
Small-business employment in the service-providing sector increased by 16,000, according to a report by payroll giant ADP, although that figure was more than offset by a decline of 28,000 jobs in the goods-producing sector.
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