Report Indicates Small Businesses Responsible For Recent Job Surge


December 31, 2010

According to an article by CNNMoney.com’s Catherine Clifford, small businesses were responsible for 58% of private sector hiring for the month of November.

Private sector employers added 93,000 jobs overall last month, and businesses with fewer than 50 employees added 54,000 of those jobs, far outdoing their larger counterparts, according to payroll processor Automatic Data Processing.

Employment from large businesses, defined as those with 500 or more workers, increased by 2,000. Medium-size businesses, defined as those with between 50 and 499 workers, increased by 37,000.

To read the complete article by Catherine Clifford go to: Small business ‘surge’ in hiring – ADP