Small firms are top job creators according to the FSB

Small firms are top job creators according to the FSB

Neil Eames, Wessex Region development manager for the Federation of Small Businesses

First published in Hampshire Business by , Business Editor

SMALL firms have been responsible for four in five jobs created in the past three years.

That is according to Neil Eames, Wessex Region development manager for the Federation of Small Businesses, who was commenting on the new IPPR report.

It found that 84 per cent of jobs created between the beginning of 2010 and 2013 were in small or medium-size businesses.

Mr Eames said: “We hear a lot about how small businesses are the engine of the economy and this research confirms this.

"Micro and small businesses have by far and away been the biggest job creators since the recession. Because of their innate flexibility, they also lead the way in providing a route back into work for the unemployed, with nine in 10 unemployed people either finding work in a small firm or starting their own firm.

"This report also shows the world of work is changing with self-employment, part-time and temporary work growing since the recession.

"This not only highlights the flexibility and dynamism of the private sector, but the pressures facing employers when it comes to hiring and retaining staff.”

Comments

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree