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

EPL: Gunners face Wolves tough test

first_imgWolves vs. Arsenal Venue: Molineux Kick off: 5:30PMArsenal begin a run of challenging fixtures with a trip to Molineux as they prepare to take on fellow European hopefuls Wolverhampton Wanderers in today’s Premier League showdown. The two clubs both enjoyed victories and clean sheets in their most recent fixtures, with Wolves overcoming Aston Villa 1-0 last weekend while Arsenal inflicted a 4-0 thrashing on Norwich City in midweek.Even though Wolves have had relatively friendly fixtures to contend with in the past few weeks, Nuno Espirito Santo’s side have shown no signs of complacency as they maintained their 100 per cent record since the restart over Villa last time out.The European hopefuls were certainly made to work for their victory against Dean Smith’s side, but a second-half Leander Dendoncker winner was enough to take their total points tally to 52 for the season – keeping their aspirations of qualifying for the Champions League well and truly alive.Nuno’s men have now enjoyed three victories and three clean sheets over West Ham United, Bournemouth and Villa following the resumption of the Premier League, and Wolves are now only two points behind fourth-placed Chelsea following their dramatic defeat to West Ham on Wednesday.Of course, fifth may be enough to guarantee a Champions League spot amid Manchester City’s financial fair play troubles, and Wolves are now only behind Manchester United on goal difference with six games left to play. The visit of Arsenal represents the most challenging task that Santo’s men have faced since the English top flight was given the green light to return, although the Wolves faithful will have fond memories of their 3-1 victory over Arsenal at Molineux last season.Man United and Chelsea are aiming to record straightforward victories over Bournemouth and Watford respectively this weekend, but should the English giants both slip up, Wolves could enter the final five games of the season in the top four with a win over Arsenal.Meanwhile, Arsenal have finally started to string a set of wins together as they recorded their third victory on the bounce in all competitions against bottom-of-the-table Norwich at the Emirates.Pierre-Emerick Aubameyang is now neck-and-neck with Jamie Vardy in the race for the golden boot as the Gunners captain took his tally to 19 for the season against the Canaries, with strikes from Granit Xhaka and debutant Cedric Soares capping off a morale-boosting win for Mikel Arteta’s men.Things looked bleak for the Gunners following defeats against Manchester City and Brighton & Hove Albion in their first games back, but Arteta’s men are firmly in the argument for a European berth with 46 points from 32 matches this term. However, the trip to the West Midlands is followed up by crunch matches against Leicester City, Spurs and Liverpool in July – meaning Arsenal can ill-afford to drop too many points if they want to secure a spot in international competition for next season.The North London outfit can also go down the route of an FA Cup triumph for European football following their quarter-final victory over Sheffield United – but Arteta must now contend with another reunion with Pep Guardiola as Arsenal face Man City at Wembley in the last four.While Arteta’s side are not renowned for their away form, the Gunners have only suffered defeat twice in their last 15 games in all competitions on the road, but they have not beaten Wolves in three attempts since Santo’s side made their return to the big time.Wolves possible XI: Patricio, Coady, Boly, Saiss, Doherty, Dendoncker, Neves, Moutinho, Jonny, Jota, Jimenez. Arsenal possible XI: Martinez, Luiz, Mustafi, Holding, Cedric, Xhaka, Ceballos, Saka, Pepe, Nketiah, Aubameyang.RelatedPosts Runarsson joins Arsenal on four-year deal Ighalo: My best moment as ‘Red Devil’ Arsenal, Wolves want Michael Olise —Tags: Arsenal FCAston VillaPremier LeagueWolverhampton Wandererslast_img read more