ADP National Employment Report: Small businesses lost 144,000 jobs in January 2022. The Omicron variant was blamed, but its effect was deemed “likely temporary” by ADP Chief Economist Nela Richardson. Leisure and hospitality saw the largest setback after substantial gains in the fourth quarter of 2021. Small businesses with fewer than 19 employees lost 89,000 to 20-49 employees in the service-providing sector. In December 2021, small businesses had a 204,000 job gains in December 2021. In January 2022, franchises saw a gain of 1,600 jobs, including 6,000 for restaurants, 4,800 for auto parts/dealers and 600 for accommodations. In the goods-producing sector, the losses were . . .
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