We keep hearing in the news about how U.S. employment is going down.
One of the places we’re supposed to look for a solution is to small businesses.
But is that really the right place?
Check out this article called “Small Business Ain’t Employing Like it Used to” by Scott Shane and learn about why looking to small businesses for job creation might be a myth…
“While everyone from politicians to the media extol the value of small business to job creation, its share of U.S. employment has been on a long-term decline.”
“The majority of the private sector labor force now works in big companies, with that fraction at 51 percent in 2009, up from 43 percent in 1946. The share in medium-sized businesses is down slightly from 34 to 31 percent, while the fraction in the smallest businesses – those with less than 20 employees – has declined from 23 percent to 18 percent.”
Photo by kevin dooley
- Could This Be The Real Reason Small Businesses Aren’t Hiring? (baybusinesshelp.com)