How did medium and large businesses fare in employment?

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Employment Gains in Medium and Large Businesses Contrasted with Small Business Losses

In November, medium-sized businesses saw a notable increase in payrolls, adding 51,000 jobs. Concurrently, large businesses also experienced employment growth, with their payrolls rising by 39,000. This expansion in medium and large enterprises occurred against a backdrop of significant job losses reported at small businesses, which shed 120,000 positions during the same period.
Payrolls Increased at Medium Enterprises

Payrolls at medium enterprises expanded by 51,000 in November. This growth indicates a positive employment trend within this segment of the business sector.
Large Businesses Also Saw Employment Rise

Large businesses reported an increase in their payrolls, adding 39,000 jobs in November. This suggests continued hiring and expansion among larger corporations.
Small Businesses Experienced Significant Job Shedding

In contrast to the growth seen in medium and large enterprises, small businesses faced substantial job cuts, losing 120,000 positions in November. Economists have attributed these losses, in part, to the increased costs for businesses stemming from tariffs on imports.

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How did medium and large businesses fare in employment?

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