Small businesses slashed jobs in November amid concerns about labor market’s strength

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Private companies cut an unexpected 32,000 jobs in November as hiring has stalled out and unemployment creeps upward in a fragile job market.

Markets News, Dec. 3, 2025: Major Stock Indexes Rise as Investors Downplay Private Employment Decline; Dow Adds 400 Points

A first look at November hiring shows the private sector lost 32,000 jobs

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