Raymond Arth knows he should feel better about the economy. His company hasn’t returned to its pre-recession revenues selling its wares to the makers of RVs and manufactured homes, but it is making a profit again. Like too many other small-business proprietors, Arth doesn’t fully trust this economic recovery. While he says he’s "guardedly optimistic" about it, his actions are all about the first half of that phrase,
In the Labor Department’s latest snapshot of the country’s job market, the private sector added 268,000 jobs in April, the largest gain in five years and the third consecutive month of solid job growth. Yet a more sobering account of where the economy might be headed—and arguably a more accurate barometer of the near-term future—is the monthly report published by the National Federation of Independent Business. After all, it’s small businesses, which have created two out of every three new jobs the econ
A. small business is now a major driving force for the job market
B. small business isn’t driving job growth as it did before
C. the Labor Department has done nothing to save the job market
D. there is no indication at all that the economy is recovering
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