Press Release: Small companies create 85% of new jobs

Author (Corporate)
Series Title
Series Details IP/12/20 (16.01.12)
Publication Date 16/01/2012
Content Type

85% of net new jobs1 in the EU between 2002 and 2010 were created by small and medium sized enterprises (SMEs). This figure is considerably higher than the 67%-share of SMEs in total employment. During this period, net employment in the EU's business economy rose substantially, by an average of 1.1 million new jobs each year. These are the main results of a study on the essential contribution of SMEs on job creation presented by the European Commission.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/20&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: Memo/12/11: Do SMEs create more and better jobs? http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/11&format=HTML&aged=0&language=EN&guiLanguage=en

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