Thursday, August 08, 2013

Small Businesses DO NOT Create Most Jobs!

And of course it depends on what your definition of small business is.   True, 99.7% of the businesses in America are "small," he says, meaning that they employ no more than 500.

Here's a bit from an excellent column in the Arizona Republic by Tom Rex of ASU fame:

In reality, 51 percent of the nation’s jobs are provided by the 0.3 percent of companies that are not small. Moreover, this employment share is rising slowly over time — it was 47 percent in 1992, the earliest available data — indicating that large businesses are creating a disproportionate share of the nation’s jobs.

Read the whole piece at http://www.azcentral.com/opinions/articles/20130712small-business-jobs-viewpoints.html

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