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Mississippians depend on small businesses for majority of jobs.

Publication: Mississippi Business Journal
Publication Date: 29-SEP-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Mississippians depend on small businesses for majority of jobs.(Small Business)

Article Excerpt
A lot of Mississippians depend on small businesses for employment. Statistics for 2007 from the Mississippi Department of Employment Security and the U.S. Small Business Administration reveal that more than half of the state's private employers have less than five employees. Approximately 85% have fewer than 20 employees.

Additionally, there were approximately 143,800 self-employed small business owners in 2007, with roughly 147,000 in 2008 and the number is growing every year. The number of self employed has grown by 38% in the past eight years.

Dr. Bill Gunther of the University of Southern Mississippi's (USM's) College of Business says that's not too different from the rest of the country.

"I find...

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