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Almost All US Businesses Employ Less Than 5

The MicroEnterprise Journal: “According to an analysis of Census Department data performed last year by the Center for Women’s Business Research, ninety percent of all U.S. businesses employ fewer than five workers, making them microbusinesses. In addition, 63% of all U.S. businesses earn less than $50,000 in annual revenues. New York State, along with California and Texas, has one of the largest populations of these microbusinesses in the nation, according to statistics published by the U.S. Small Business Administration, Office of Advocacy.”

   

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