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Wed May 18, 2022, 10:39 AM

Michigan saw record small business growth in 2021

MICHIGAN, USA It was a dismal 2020 for small businesses because of the COVID-19 pandemic, but Michigan's main street has rebounded stronger than ever.

Gov. Gretchen Whitmer announced Monday that Michigan had the fastest small business job growth in 23 years.

The Michigan Bureau of Labor Market Information said that in the first three quarters of 2021, small businesses with fewer than 50 employees created almost 170,000 jobs.

The surge in small business was in part fueled by 150,000 new small business applications filed to start businesses, a 59% increase from 2019. ............(more)


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