Kamis, 12 Oktober 2017

One-Third of Global Employment is Created by SMEs

©iStock/Prasit Rodphan
Small businesses are the backbone of the world.
Indeed, small and medium-sized businesses (SMBs) contribute significantly to the GDPs of their countries. In fact, in the U.S. alone, SMBs account for 46 percent of private, non-farm GDP, according to the U.S. Small Business Administration.
But there's another measurement to track the progress of SMEs:  jobs.
In emerging markets like China and Medico, SMBs make up one-third of employment and up to 40 percent in developed economies.
Read more about how SMEs around the world create jobs.
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