FAST FIVE: 18 Million Jobs At Risk Of Permanent Loss: What Happens To Small Businesses When The Bailout Money Is Spent

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18 Million Jobs At Risk Of Permanent Loss: What Happens To Small Businesses When The Bailout Money Is Spent Tyler Durden Sun, 05/24/2020 – 13:45 Submitted by Nick Colas of DataTrek Research American small businesses are going to bear the brunt of the COVID Crisis and they employ 47% of the entire US workforce.

Some will bounce back quickly (e.g.

Those 5.9 million firms have an aggregate payroll of 59.9 million people, 47.3% of the American labor force.

No surprise there, since there is often no large employer in the area.

That incremental activity then flywheels into small business growth over time.

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