Over the past decade, small business net job creation fluctuated between 60 and 80 percent.
For a more complete look at employment dynamics by firm size from 1989 to 2002, see www.sba.gov/advo/research/data.html#us. Here is a sample of the data for 2001-2002.
|Employer Firm Births and Deaths by Employment Size of Firm, 2001-2002|
|Size Class as Percent of Total|
|Industry||Total||< 20||< 500|
|Existing Firm Expansions||15,385,726||20.5||49.3|
|Existing Firm Contractions||17,756,053||12.9||43.9|
Source: U.S. Bureau of the Census.
Information courtesy of the Small Business Administration, Office of Advocacy.