Job growth and firm size
December 09, 2005
From September 1992 through March 2005, firms with fewer than 500 employees accounted, on average, for 65 percent of quarterly net employment growth in the private sector, representing 13.5 million out of 20.6 million net jobs.
As of March 2005, firms with fewer than 500 employees accounted for 55.8 percent of private sector employment. Firms of this size accounted for 99.6 percent of all firms in the private sector in the US.
A firm is defined as an aggregation of establishments under common ownership by a corporate parent. An establishment is defined as an economic unit that produces goods or services, usually at a single physical location, and engages in one, or predominantly one, activity.
These data are from Business Employment Dynamics. Data presented here are for workers in private industry covered by State unemployment insurance programs. Find out more in "New Quarterly Data From BLS on Business Employment Dynamics By Size of Firm," news release USDL 05–2277.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job growth and firm size on the Internet at https://www.bls.gov/opub/ted/2005/dec/wk1/art05.htm (visited January 18, 2017).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.