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Business Employment Dynamics
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Entrepreneurship and the U.S. Economy

Chart 8. Quarterly net change in employment by size of firm, 2007–2009
Quarter 1 to 99 employees 100 to 499 employees 500 or more employees

Mar 2007

222,000 89,000 311,000

Jun 2007

43,000 124,000 167,000

Sep 2007

-158,000 -49,000 -207,000

Dec 2007

-7,000 71,000 64,000

Mar 2008

-160,000 -1,000 -161,000

Jun 2008

-280,000 -22,000 -302,000

Sep 2008

-433,000 -144,000 -577,000

Dec 2008

-890,000 -325,000 -1,215,000

Mar 2009

-1,258,000 -531,000 -1,789,000

Jun 2009

-547,000 -261,000 -808,000

Sep 2009

-483,000 -138,000 -621,000

Dec 2009

-206,000 -32,000 -238,000

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