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Sluggish small-business hiring may portend labor weakness

If hiring doesnt start to improve by June, with warmer weather, that may indicate a more troubling trend.

By Anna-Louise Jackson, Anthony Feld, Bloomberg | Updated on April 01, 2015
 

(Bloomberg) — Hiring at the smallest U.S. businesses is moderating, a sign of sluggishness in the economy.

Growth has slowed in some indexes measuring employment at companies with fewer than 20 workers. This deceleration indicates a disconnect in the labor market; payrolls for all nonfarm employers rose at the fastest pace since 2001 in the 12 months through February, based on Labor Department data.

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