Large Companies Have Grown Faster Than Small Ones
Large companies have hired faster than small businesses
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Small businesses account for the lion’s share of job growth, right? Well, not always. Since the U.S. economic recovery began in June 2009, big employers have increased employment 7.5 percent, while small employers have boosted payrolls by only 4.9 percent.
Those figures are calculated from data released today in the ADP National Employment Report, which also contains the disappointing news that private payrolls increased by a less-than-expected 158,000 in March.