US small businesses created about 9 out of every 10 net new jobs from March 2023 to March 2024
Verified Confidence: high
Primary source found; it says the same thing, the scope matches, and it is reasonably current.
- Commonly cited as
- "Small businesses create most new jobs"
- True origin
- U.S. Small Business Administration, Office of Advocacy — 2025 Small Business Profiles (press release, June 30, 2025)
- Type
- Stat check: A widely repeated statistic traced back to its origin.
- Year
- 2025
- Data as of
- March 2023 – March 2024
- Last checked
- What the source says
From March 2023 to March 2024, U.S. small businesses created approximately 9 out of every 10 net new jobs.
- Method & sample
- Office of Advocacy analysis of federal employment data for one 12-month period.
- Drift between quote and source
- One year's net figure; the share swings widely year to year
- Interest
- n/a (federal statistical agency).
Safe rephrasing
The SBA Office of Advocacy reports that small businesses created about 9 in 10 net new US jobs from March 2023 to March 2024.
Sources we opened
Machine-readable: /api/claims/small-businesses-created-9-of-10-net-new-jobs-2023-2024.json · Last checked 2026-10-16