Small and Self-Employed Businesses Produced Almost 100% of Net New Jobs This Decade
Since the beginning of this decade, January 2010, to November 2011, the small business sector has produce 98.7% of all the net new jobs in America. As shown in this chart, small business (employing 499 people or less) accounted for 2.6 million jobs, where as big business (500+) accounted for only 35 thousand jobs. With better government and financial institution support, small business would have added significantly more jobs.
Category: Jobenomics Trends & Forecasts