Washington, D.C. — A new analysis from the U.S. Chamber of Commerce highlights the significant role small businesses play in America's workforce, finding that small businesses account for the vast majority of hiring activity nationwide. According to the Chamber's review of hiring data dating back to 2001, small businesses have been responsible for an average of 78.2% of all hiring, with that number rising to 80% of hires since 2025.
The report reinforces what many communities already know: small businesses are the backbone of local economies and a major driver of job creation. Nationwide, small businesses account for approximately 4 million hires each month and employ nearly half of the private-sector workforce.
Why This Matters for Wyoming & Natrona County
For Wyoming and Natrona County, the findings are particularly relevant. The local economy is powered by small businesses ranging from retailers and restaurants to professional services, manufacturers, contractors, and tourism-related businesses. These employers not only create jobs but also provide opportunities for career growth, workforce development, and community investment.
Key Findings:
- Small businesses are leading hiring efforts: Small businesses have accounted for more than three-quarters of all hiring nationwide over the past two decades.
- Job creation starts locally: Small businesses create opportunities for first-time workers, career changers, and experienced professionals alike.
- A major economic driver: Small businesses employ nearly half of America's workforce and contribute significantly to economic activity across the country.
- Strong communities need strong small businesses: Continued support for local businesses helps strengthen local economies, create jobs, and foster long-term community growth.
