Are small businesses the biggest producers of jobs?
Abstract: It's often said that small businesses generate the most jobs in the U.S. This is true if one looks at the gross number of jobs. But because small businesses have a high failure rate, they are not the largest producer of jobs at the net level.
File(s): File format is application/pdf https://www.stlouisfed.org/~/media/Files/PDFs/publications/pub_assets/pdf/re/2011/b/small_business.pdf
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2011