Small Businesses Drive American Hiring Growth While Corporate Giants Retrench

By Ella Chakarian · Fast Company · 2026-07-29

Fast Company reports that privately held establishments with fewer than 1,000 workers were responsible for nearly 93% of new hires during May. While massive tech and financial firms continue trimming staff, smaller organizations with 10 to 49 employees emerged as the primary engi

Fast Company reports that privately held establishments with fewer than 1,000 workers were responsible for nearly 93% of new hires during May. While massive tech and financial firms continue trimming staff, smaller organizations with 10 to 49 employees emerged as the primary engi