Most new jobs are created by small businesses, right? That’s long been the perception perpetuated by small-business advocates and politicians from the local level on up to the White House. The reality isn’t so neat. While federal statistics show small businesses accounted for 65 percent of all new jobs in the United States between 1993 […]
Small Business Administration
Posted inBusiness Watch
Big firms still offer employees better pay, benefit deals than smallest firms
One area in which the conventional wisdom about small business holds is in benefits. Workers at smaller firms earn less in wages, get fewer paid days off and receive less generous health insurance benefits than their counterparts at large companies. The compensation gap is huge between businesses that employ between one and 49 workers, and […]
Posted inBusiness Watch
Michigan workers more likely to work for big business — then and now
Michigan has a long-held reputation as a big-business state. But the number of large establishments in the state and the number of workers they employ have dropped significantly since the mid-1990s, according to statistics compiled by the U.S. Small Business Administration and the Edward Lowe Foundation in Cassopolis. The Lowe Foundation compiles statistics on small […]