The Labour Market Impact of Small Firm Employment Growth

Abstract

Our review of the relevant studies in Chapters 2 to 4 of this book has established that:

• in the majority of OECD countries, employment is becoming increasingly concentrated in smaller units;

• many countries are experiencing rapid increases in self-employment, in both absolute and relative terms;

• throughout the developed world, large firms are experiencing major job losses, whereas small firms have been the main source of new jobs.