Inc.com offers a preview of its Inc 500 issue coming out in November. What they found in this year’s list is more evidence of where jobs are being created.
The businesses that made Inc. magazine’s 24th annual list of the country’s fastest-growing private companies…together generated some 25,180 new jobs last year alone, up a full 35% on a year-over-year basis. They’re also planning to add 17,000 more jobs in the coming year.
By contrast, Fortune 500 companies lost jobs on average between 2001 and 2003, before rebounding by just 1.3% in 2004.
Since being founded, this year’s Inc. 500 companies together created more than 95,000 jobs.
Although this list is a self-nominated list, it still offers a remarkable snapshot of the entrepreneurial economy.