Table 6-7
Firms and employment in U.S. small businesses versus all businesses: 2006
 
  All technologies   High technology
Business Firms
(thousands)
Employment
(millions)
  Firms
(thousands)
Employment
(millions)
 
All businesses 6,022 120.0   519 15.4
Small businesses (number) 6,004 60.2   504 5.3
Small businesses (%) 99.7 50.2   97.1 34.4
 

NOTES: Small businesses are firms with <500 employees. Firms include those reporting no employees on their payroll. Firm is an entity that is either a single location with no subsidiary or branches or topmost parent of a group of subsidiaries or branches. High-technology industries defined by Bureau of Labor Statistics on basis of employment intensity of technology-oriented occupations. High-technology small business employment is lower bound estimate because employment not available for a few industries due to data suppression.

SOURCES: Census Bureau, Statistics of U.S. Businesses, http://www.census.gov/csd/susb/susb06.htm, accessed 1 June 2009; and Hecker DE. 2006. High-technology employment: A NAICS-based update. Monthly Labor Review 128(7):57–72, http://www.bls.gov/opub/mlr/2005/07/art6full.pdf, accessed 1 June 2009.

Science and Engineering Indicators 2010