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First recorded activity by BoatBanter: Dec 2009
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Default where do the sons of the rich work?

On Sun, 20 Nov 2011 16:44:52 -0500, BAR wrote:

In article ,
says...


dont know much about economics do you? small businesses are not the
engine of employment

sorry


http://web.sba.gov/faqs/faqIndexAll.cfm?areaid=24

Small firms:
? Represent 99.7 percent of all employer firms.
? Employ half of all private sector employees.
? Pay 44 percent of total U.S. private payroll.
? Generated 65 percent of net new jobs over the past 17 years.
? Create more than half of the nonfarm private GDP.
? Hire 43 percent of high tech workers ( scientists, engineers,
computer programmers, and others).
? Are 52 percent home-based and 2 percent franchises.
? Made up 97.5 percent of all identified exporters and produced 31
percent of export value in FY 2008.
? Produce 13 times more patents per employee than large patenting
firms.

You really do like stepping in it don't you.


i notice you dont have a single reference to the topic under
discussion:

JOB GROWTH

small businesses go out of business more often than larger ones do.
they LOSE jobs after the first year.l

i suggest you stop listenin to talk radio and start reading more, OK,
sonny? you're not capable of dealing with facts

let's look at the radical leftist newspaper the 'wall street journal'

http://online.wsj.com/article/SB1000...840478808.html

Businesses with fewer than 500 employees accounted for about three of
four jobs created since 1992, according to a paper from the Federal
Reserve Bank of St. Louis published in April.

But many don't last long. For instance, employers with fewer than four
workers have accounted for roughly 5% of all private-sector workers
since 1992, but 15% of all job creation and 15% of job destruction in
the private sector in that period, according to BLS.

so, like i said. small businesses don't create many jobs

sorry right whiner. i read economics. you listen to talk radio
 
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