The latest ADP data shows that large companies (500+ workers) have added more private sector jobs than small companies (fewer than 20 workers) since the end of the recession. More specifically,
- Employment at establishments with fewer than 20 workers is 25.9% of total private sector employment. These establishments have accounted for 18.7% of total jobs added, or 1.0 million jobs.
- Employment at establishments with 20 to 499 workers is 51.6% of total employment. These establishments have accounted for 53.6% of total jobs added, or 3.0 million jobs.
- Employment at establishments with 500+ workers is 22.5% of total employment. These establishments have accounted for 27.7% of total jobs added, or 1.5 million jobs.
Since the end of the recession, 5.5 million private sector jobs have been added.
Since the series began in 2005, the small companies have added more workers than the large companies. More specifically,
- Employment at establishments with fewer than 20 workers has increased by 1.9 million workers.
- Employment at establishments with 20 to 499 workers has increased by 1.8 million.
- Employment at establishments with 500+ workers has decreased by 1.1 million.
Private sectors jobs have increased by 2.6 million since the beginning of 2005.
Over the past 8 years, the small, medium, and large establishments have contributed to the economy in different ways.
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