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How many new jobs do small firms create?
In 2000-2001 (according to the most recent data), small businesses created all of the net new jobs in the U.S.

Firms with less than 500 employees saw a net increase in employment of 1,150,875; however, large business employment decreased on net by 150,905. Overall net employment increased 999,970.
The small business share varies from year to year and reflects economic trends. Over the decade of the 1990s, small business net job creation fluctuated between 60 and 80 percent.

Having small businesses account for all of the net new jobs is not unique to 2000-2001. During the last economic downturn in the early 1990s, a similar result occurred.

During an economic downturn in the early 1990’s, a similar result occurred.


Interesting facts. Hope you're enjoying these FAQS. many more to come.
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Suzie
Posted: Tuesday 31st May 2005, 12:12 AM
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