Census: 36,800 Fewer Businesses in 2010..."The private sector is doing fine" Barrack Obama
The number of U.S. businesses with paid employees fell for a third straight year
in 2010, but the rate of decrease slowed, the Census Bureau said on
Tuesday.
U.S. businesses numbered 7.4 million in 2010, down by 36,800 from the
previous year,
according to the bureau's "County Business Patterns: 2010" report.
Total employment was 112 million in 2010, a decline of 2.5 million workers.
The drop from 2008 to 2009, at the height of the U.S. recession, was 6.4 million
employees.
"This year's release of the County Business Patterns shows the overall
decline in employment is slowing," William Bostic Jr., associate director for
economic programs at the Census Bureau, said in a statement.
Among the top 50 counties by number of businesses, California's Los Angeles
County had the biggest decline in total annual payroll, the statement said. The
county had a drop of nearly $2 billion, or 1.1 percent, from 2009.
Only Kings County, New York, which comprises the New York borough of
Brooklyn, showed an increase in the number of employees, with a rise of 4,400
from 2009.
Among business sectors, construction showed the biggest percentage decline,
falling 4.2 percent. The biggest gains were in utilities, healthcare and social
assistance, rising 1.7 percent from 2009.
All 3 of these are government jobs. No private businesses are doing much good around here that I know of.
Too bad bama doesn't have the intelligence to understand them.