Small Businesses Created 74,000 Jobs in September

According to the ADP Small Business Report (September), employment in nonfarm private small business payrolls rose 74,000 in September on a seasonally adjusted basis, accounting for 45% of employment gains across all payroll size groups. Within small businesses, 62% of the employment growth contribution was associated with companies having between 1-19 employees. Here’s a quick breakdown by sector:

Goods Producing Sector:

• Small businesses (1-49 employees) +6,000


• Very Small businesses (1-19 employees) +3,000


• Other Small businesses (20-49 employees) +2,000

Services Providing Sector:

• Small businesses (1-49 employees) +69,000


• Very Small businesses (1-19 employees) +43,000


• Other Small businesses (20-49 employees) +26,000

Via: ADP

via Business 2 Community http://www.business2community.com/infographics/small-businesses-created-74000-jobs-september-0636212?utm_source=rss&utm_medium=rss&utm_campaign=small-businesses-created-74000-jobs-september