Small businesses added 44,000 jobs in the United States in August, according to a new report, but large companies shed 6,000 jobs last month, bringing the total number of new jobs to 38,000.

Payroll processing giant ADP's Small Business Report found that small companies, which it defines as having fewer than 50 employees, added 52,000 jobs in the service sector, while those in the goods-producing sector lost 8,000 jobs, leading to a net gain of 44,000 jobs.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access