A hiring sign at the Fashion Centre at Pentagon City shopping mall in Arlington, Va., on Jan. 3, 2024. Madalina Vasiliu/The Epoch Times
Total U.S. bankruptcy filings, which include filings made by both businesses and individuals, rose by 7 percent in May on a year-to-year basis.
Individual bankruptcy filings rose by 8 percent during the one-year period. Although overall commercial filings were down marginally by 0.1 percent, bankruptcy filings made by small businesses jumped by 36 percent, according to a June 5 statement from the American Bankruptcy Institute.
