Job creation among small and large businesses
January 03, 2012
From September 1992 to December 2009, firms with fewer than 500 employees accounted for 64.9 percent of quarterly net employment change and an average share of total employment of 56.3 percent.
In contrast, establishments with fewer than 500 employees accounted for 82.6 percent of quarterly net employment change from September 1992 to December 2009. The average share of total employment for these establishments was 81.7 percent.
Each cumulative size class represents the total percentage of employment that falls within or below the corresponding size class or classes. For all size classes, except the last (1 to 1,000 or more), the establishment’s cumulative size class contribution to net employment change exceeds the firm’s cumulative size class contribution. By definition, multiestablishment firms in any given size class are always composed of establishments from equal or smaller size classes. Therefore, the net employment change that is credited to a multiestablishment firm in a given size class is credited to establishments from equal or smaller size classes.
These data are from the Business Employment Dynamics (BED) program. An establishment is defined as an economic unit that produces goods or services, usually at a single physical location, and engaged in one or predominantly one activity. A firm is a legal business, either corporate or otherwise, and may consist of one establishment, a few establishments, or even a very large number of establishments. To learn more, see "Employment growth by size class: firm and establishment data" (PDF), by Sherry Dalton, Erik Friesenhahn, James Spletzer, and David Talan in the December 2011 issue of the Monthly Labor Review.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job creation among small and large businesses on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120103.htm (visited April 26, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.