Small business employs more than 60 percent of Vermont’s workers

first_imgWyoming66.2% WASHINGTON, D.C. Vermont’s economic recovery will depend on small business. That message is driven home in the newly updated Vermont Small Business Profile released today by the Office of Advocacy of the U.S. Small Business Administration. The most recent data show that the state has 18,937 small employers, and they employ 63.5% of the state s workforce, the third highest percentage in the country. Vermont depends on small business for jobs and economic growth, said Shawne McGibbon, Acting Chief Counsel for Advocacy. During this time of financial stress and economic instability, policymakers need to remember that the state s small businesses provide the economic base for its families and communities.To further highlight the importance of small business, the updated profile notes that small businesses created 51.7% of the state’s net new jobs from 2004 to 2005 (latest available data).Not only does the state s economy depend on the health of its small businesses, so too does the economy of the United States.The US has slightly more than 6 million small employers, or 99.7% of all employer firms, and they provide 50.4% of its private sector employment. These firms created 78.9% of the nation s net new jobs from 2004 to 2005, and they generated more than half of the private non-farm gross domestic product.The Office of Advocacy, the small business watchdog of the federal government, examines the role and status of small business in the economy and independently represents the views of small business to federal agencies, Congress, and the President. It is the source for small business statistics presented in user-friendly formats, and it funds research into small business issues.For more information and a complete copy of state and territory small business profiles, visit the Office of Advocacy website at www.sba.gov/advo(link is external).The Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. The presidentially appointed Chief Counsel for Advocacy advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policymakers. For more information, visit www.sba.gov/advo(link is external), or call (202) 205-6533.State% Workforce Employed by Small BusinessesState% Workforce Employed by Small BusinessesAlabama49.7%Missouri49.7%Alaska55.6%Montana69.8% Arizona48.8%Nebraska51.4%Arkansas48.8%Nevada44.2% California52.1%New Hampshire54.9% Colorado51.7%New Jersey  51.1% Connecticut49.6%New Mexico57.0% Delaware48.3%New York51.7%  District of Columbia48.2%North Carolina48.6%  Florida44.0%North Dakota63.3% Georgia46.3%Ohio48.6%Hawaii56.1%Oklahoma54.0% Idaho58.6%Oregon57.2%Illinois49.2%Pennsylvania 49.9%Indiana48.6%Rhode Island57.1%Iowa   51.6%South Carolina50.0% Kansas 54.6%South Dakota 63.2% Kentucky50.0%Tennessee45.1%Louisiana54.1%Texas46.8%Maine60.6%Utah49.9% Maryland53.4%Vermont63.5%Massachusetts48.3%Virginia49.4% Michigan51.6%Washington 55.7% Minnesota51.0%  West Virginia 54.3% Mississippi50.1%Wisconsin    53.4%last_img read more

Angels’ Griffin Canning shut down, but MRI shows only inflammation

first_img Angels offense breaks out to split doubleheader with Astros Jose Suarez’s rocky start sinks Angels in loss to Astros Canning was out for just under two weeks in early August. He returned and pitched twice, including an outing in which he gave up one run in seven innings on Sunday, before reporting more issues.Canning, 23, is 5-6 with a 4.58 ERA in 90-1/3 innings in his first season in the big leagues. A product of UCLA and Santa Margarita Catholic High, Canning came into the season as the Angels’ top pitching prospect.Canning’s scheduled start on Friday will be taken by Jose Suarez, who had just been optioned to the minors on Sunday. Suarez could return to the majors within 10 days because he’s replacing an injured player.UP NEXTAngels (LHP Jose Suarez, 2-4, 6.75 ERA) at Astros (RHP Zack Greinke, 13-4, 2.84), Friday, 5:10 p.m., Fox Sports West, 830 AMRelated Articles Angels’ poor pitching spoils an Albert Pujols milestone Angels’ Mike Trout working on his defense, thanks to Twitter center_img HOUSTON — Griffin Canning’s rookie season is over, although the Angels announced that an MRI exam on Thursday showed only inflammation in his elbow.The club announced that he would not pitch the rest of the season, allowing the inflammation to subside.Considering the Angels are out of the race for the postseason, it is no surprise they are taking a cautious approach with Canning, even absent evidence of any structural damage.Canning, the Angels’ top rookie pitcher, will be placed on the injured list for the second time in a month, both times because he felt mild discomfort and inflammation in his elbow after pitching. Angels’ Shohei Ohtani spending downtime working in outfield Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more