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tiny businessesWashington Post
•Business
Business & Economics
80% Informative
Before the Great Recession , most Americans worked for businesses with fewer than 500 employees.
Today , it’s reversed, with 53 percent of us working for firms with 500 or more workers.
The rule applies across the economy — the smaller the business, the slower the growth.
The authors looked at the sectors that had done the most to stem the decline of tiny-business employment.
The industries in which huge employers added the most jobs included grocery stores and hospitals, but also other fast-growing, super-centralized industries such as dollar stores and employment agencies.
Small restaurants have the biggest job growth of any industry since the late 1970s .
As regulations become more costly in an industry, sales and employment at small businesses fall.
It reminds us of something Mitchell said about tax law: The more complicated it gets, the more it favors the big guys.
The rise of the internet posed another obstacle to small business, Mitchell said.
VR Score
84
Informative language
84
Neutral language
17
Article tone
informal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
12
Source diversity
9
Affiliate links
no affiliate links
