3 ms·
> small businesses represent 99.7% of U.S. employer firms and 64% of private-sector jobs Is this accurate? Those percentages just -feel- way too high at first
by silisili 3y ago
> small businesses represent 99.7% of U.S. employer firms and 64% of private-sector jobs
Is this accurate? Those percentages just -feel- way too high at first glance. Is it counting every gig worker and etsy seller as an independent small business or some other trickery, or were my assumptions just that far off?
- MattGaiser 3y agoI would bet every individual corp is counted as an employer, so under this very few Wendy’s staff count as working for Wendy’s and rather for the franchise business.
- pdonis 3y ago> Those percentages just -feel- way too high at first glance Not really, no. Large corporations have lots of employees per corporation, but there just aren't that many of them, so the total number of jobs they represent is still a minority of all jobs, and the fraction of firms they represent will indeed be tiny.
- silisili 3y agoSeems my issue was with the definition of small business. Found this link helpful in explaining what all qualifies in this number, and it's quite more than I expected... https://www.shopify.com/blog/what-is-considered-a-small-business https://www.shopify.com/blog/what-is-considered-a-small-busi...