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Latest data reveals a trend of polarization in the US labor market. Since the beginning of this year, small and micro enterprises (1-49 employees) have laid off nearly 200,000 workers, forming a stark contrast to the expansion of large companies—employers with over 50 employees have added approximately 700,000 new jobs, with giants over 500 employees contributing over 400,000 new positions.
Why do small businesses continue to "shrink"? The core reasons point to two aspects: first, a contraction on the consumption side, with household spending willingness significantly declining; second, cost pressures, as tariff policies directly squeezed profit margins. Under these dual pressures, small and medium-sized enterprises are forced to make adjustments. This structural imbalance not only reflects an intensification of economic polarization but also signals potential pressure on market liquidity.