From the San Francisco Federal Reserve: Small businesses have historically contributed more than their share to overall employment growth in the US. But during the recent recession, the rate of net employment losses of small businesses exceeded that of larger businesses, reflecting slower business creation and a lower rate of hiring among expanding small businesses.
From the San Francisco Federal Reserve: Small businesses have historically contributed more than their share to overall employment growth in the US. But during the recent recession, the rate of net employment losses of small businesses exceeded that of larger businesses, reflecting slower business creation and a lower rate of hiring among expanding small businesses.