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InterviewSolution
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How Can Small Businesses’ Share Of Net New Jobs Be Larger Than Their Share Of Employment, Yet Their Share Of Employment Remain Steady? |
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Answer» As FIRMS grow, they change employment size CLASSES. So as small firms grow, their GROWTH COUNTS toward small FIRM job gains; but if they pass the 500-employee mark, their employment is classified as large firm employment. As firms grow, they change employment size classes. So as small firms grow, their growth counts toward small firm job gains; but if they pass the 500-employee mark, their employment is classified as large firm employment. |
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