Small Service Businesses Driving Employment Growth
December 1, 2007
According to the ADP Small Business
Report, total private employment among small businesses
(U.S. companies with fewer than 50 employees) increased by 44,000 in August.
The service-providing sector was shown to be the leading cause of growth with
an increase of 52,000 jobs (the goods-producing sector reported a loss of
8,000). In contrast, employment among medium- and large-size businesses
decreased by 6,000.