Small businesses employed 1.1 million workers in 2010 with most of the employment coming from firms with 20 to 499 employees, according to a new report released by the U.S. Small Business Administration Office of Advocacy.
Missouri’s 505,207 small businesses represent 97.6 percent of all employers, and they employ 48.4 percent of the private-sector labor force.
The report also finds that self-employment in Missouri declined over the last decade, while minority self-employment saw the largest growth. For more information, visit www.sba.gov/advocacy/848.