More than 200,000 small businesses vanished between early 2008 and
2010 -- a period covering the Great Recession and its immediate
aftermath -- taking with them in excess of 3 million jobs, according to
Census figures which illustrate the depth of the country's economic
hole.
Data is only available until 2010, but the U.S. Census Bureau stats
reveal a startling slide for America's businesses. While the country
boasted 5.14 million firms with up to 99 employees as of March 2008,
that number dropped to 4.92 million by March 2010 - representing a loss
of roughly 223,800 businesses and 3.1 million workers.
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