BUSINESS

Small Businesses Still NOT Hiring -- And Recovery Is Stalled As A Result

04/10/2010 05:12 am ET | Updated May 25, 2011

Companies with fewer than 500 employees, such as Phoenix Technologies Ltd. and Sonic Corp., helped lead the economy out of the four recessions since 1980. This time, they continue to cut capital spending and dismiss workers, eliminating 3,000 jobs in January, according to Roseland, New Jersey-based Automatic Data Processing Inc., the world's largest payroll processor.

Suggest a correction