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Big business is frighteningly efficient at being BIG. (At least in the US.) https://www.bls.gov/web/cewbd/table_f.txt https://www.bls.gov/web/cewbd/table_f.txt
by pas 2y ago
Big business is frighteningly efficient at being BIG. (At least in the US.)
https://www.bls.gov/web/cewbd/table_f.txt https://www.bls.gov/web/cewbd/table_f.txt
~42% of the workforce is employed at firms with 1000+ headcount.
The next biggest bucket is ~10% the 20-49 range.
Then ~9.5% is the 100-249 bucket.
And the share of biggest ones is (likely unfortunately) growing.
- iancmceachern 2y ago"According to the U.S. Small Business Administration (SBA), 99.9% of businesses in the United States are small businesses, which are defined as independent businesses with fewer than 500 employees. This amounts to around 33.3 million businesses, which employ 61.7 million Americans, or 46.4% of private sector employees. Small businesses are a vital part of the American economy, contributing to economic stability and representing 43.5% of the country's GDP. Here are some other statistics about small businesses in the United States: 84.8% of businesses in rural areas are small businesses 43.2% of small businesses are owned by women 20% of employer businesses are owned by minorities Small businesses account for about 96% of employer firms in high-patenting manufacturing industries