Just thought I'd post this to verify that it is the smaller guys supporting the economy.
The website is mostly about Ireland, but this is about Europe.
http://www.finfacts.ie/irishfinancen...10007513.shtml
Also significant is that in 2005 over 50% of employment was in enterprises with less than 50 people.
The website is mostly about Ireland, but this is about Europe.
http://www.finfacts.ie/irishfinancen...10007513.shtml
Small and medium sized enterprises (SMEs), which employ less than 250 people, are the backbone of the EU's NFBE, as they represented 99.8% of EU25 NFBE enterprises in 2003 and employed about two thirds of the workforce: 30% in micro businesses (with less than 10 persons employed), 21% in small businesses (with a workforce of between 10 and 49 people), and 17% in medium sized enterprises (between 50 and 249 persons).