Contributing author

Aaron Terrazas

Aaron Terrazas is an economist with Gusto. He was previously an economist at Glassdoor, Convoy, Zillow, and the U.S. Treasury Department. He received a Bachelor's degree in International Affairs from Georgetown University and a Master's degree in Applied Economics/Economic Forecasting from Johns Hopkins University.

Contributing author

Aaron Terrazas

Read more from Aaron Terrazas

2026 New Business Formation: How AI Is Reshaping Who Starts a Business in America

Pandemic-era small business loans boosted payrolls by 5% a year later

The Manager Mass Exodus: How SMBs Are Flattening the Org Chart

Promotions Are at a 5-Year Low — What That Says About the Labor Market

Despite a General Slowdown in Hiring, Teens Are Still Able to Find Summer Jobs