Small Business Employment in Recessions and Expansions

<p>Small business employment has grown more slowly than big business employment since the end of the Great Recession. That wasn’t supposed to happen.</p>
<p>Conventional wisdom is that small business employment declines more in economic downturns, but rises more in economic expansions. Small companies, the argument goes, are more nimble, making their employment decisions more responsive to economic conditions.</p>
<p>The evidence was once consistent with this

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