Extracted 31OCT2011 from http://www.entrepreneur.com/blog/220616
Businesses with between $10,000 and $10 million of revenue account for just 17 percent of new jobs, according to a recent Treasury Department report.
The report cites that one reason why the smallest businesses aren't hiring is they don’t have employees. Most small businesses are one-person operations. Only 23 percent have employees... Although small businesses overall don't necessarily create the bulk of jobs, one particular type of small business that's a big job driver is startups.
Companies between $10 million and $1 billion in sales create 34 percent of all the jobs... according to a new study from the Ohio State University Fisher College of Business and GE Capital.
The Fisher College study found that from 2007 to 2010, these mid-market companies added 2.2 million jobs, while big businesses cut 3.7 million jobs. Why haven't we heard about this more? It seems the small pool of mid-market companies don't have the kind of lobbying force of either small business or big business.
But it's fascinating to contemplate that these mid-sized companies keep adding jobs without help from the Small Business Administration or the favors and big government contracts so often showered upon major corporations.