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Wednesday, April 18, 2012

Do small businesses create jobs?

http://economix.blogs.nytimes.com/2012/04/17/do-small-businesses-create-jobs/

From the article:
"Census Bureau data show that 78 percent of businesses have no employees. Among those with employees, three-fifths have one to four employees, and 98 percent have fewer than 100. However, half of all workers are employed by large companies (those with more than 500 employees), and a third work for very large companies (those with more than 5,000 employees)."

Of course, the auther conveniently leaves out that a vast percentage of those businesses with 'no' employees actually DO employ someone... aka, the business owner THEMSELVES. And, if half of all workers are employed by large companies, who does he think employs the OTHER 50%?

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