Business Opportunities Weblog

April 11, 2007 by Rich Whittle | 0 Comments

Inc.:

Private-sector employment increased by 106,000 in March, led by gains in the small-business sector, according to the ADP National Employment Report released this week.

As many as 81,000 jobs were created by small businesses nationwide, while medium-sized businesses created 43,000 and large businesses cut 18,000, the report said.

By industry, the service sector added 128,000 jobs, offsetting 22,000 jobs shed in the goods producing sector — despite 6,000 jobs added by small businesses, the report said.

“Over the last six months, small and midsize businesses accounted for most of the growth in private non-farm employment.” Joel Prakken, chairman of Macroeconomic Advisers LLC, which produces the report in partnership with ADP.

Photo by MSDesign.

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