As of 2025, small businesses provide approximately 45.9% of U.S. jobs.
Key statistics on the role of small businesses in the U.S. job market:
Total Employment: Small businesses (defined as firms with fewer than 500 employees) employ around 62.3 million Americans.
Net Job Creation: Small businesses are significant drivers of employment growth. Between March 2023 and March 2024, they were responsible for 1.2 million net new jobs, accounting for a large majority (88.9%) of the total net job creation in the U.S. economy during that period.
Overall
Share of Businesses: Small businesses make up the vast majority of U.S.
firms, representing 99.9% of all businesses nationwide.
Historical Trend: Over a longer period (from 1995 to 2023), small businesses created 61.1% of all net new jobs.
As of 2025, small businesses provide approximately 46% of all U.S. jobs.
Key statistics from 2025 data include:
Small businesses employ around 61.6 million workers.
They account for 99.9% of all U.S. businesses.
Historically, small businesses have created approximately 62% of net new jobs since 1995.
Comments
Small Businesses are in trouble. The SBA should be able to help them through this phase. The jobs in retail and restaurants are the most vulnerable with pay in the $10/hr to $12/hr range. Families have “closed ranks” and are subsidizing kids, grandkids and great grandkids. These jobs should eventually go to part-time “student workers”(age 16 to age 20).
Norb Leahy, Dunwoody GA Tea Party Leader
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