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Barbara Weltman

Big Ideas for Small Business, Inc.

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Small Business and Job Creation

June 18, 2022 / By Barbara Weltman

According to the SBA’s Office of Advocacy, small business employment rebounded from the depths of COVID-19. During the first two quarters of 2020, small business employment declined by 9.1 million. The net loss of 8.6 million jobs in the second quarter of 2020 is the biggest quarterly loss since the beginning of the data series in 1992. However, small business employment grew rapidly after that. What’s more, small businesses have accounted for 66% of employment growth over the last 25 years. #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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