|
Rhode Island
has an economy represented by a large number of companies
employing a small number of workers. In March 2011 there were
31,795 firms employing 376,946 workers.
Companies
with 1-4 employees numbered 15,441 which accounted for 48.6% of
the employers in
Rhode Island
employing 7.7% (29,065) of the work force. The largest
employers, those employing 1000+, numbered 29 and employed 16.7%
(62,847) of the private sector workforce.
| Private
Sector Employment |
| March
2011 |
Size
Class |
Employers
|
Employment
|
| Number |
Percent |
Number |
Percent |
| Total: |
31,795 |
100.0% |
376,946 |
100.0% |
| Zero |
6,104 |
19.2% |
0 |
0.0% |
| 1-4 |
15,441 |
48.6% |
29,065 |
7.7% |
| 5-9 |
4,489 |
14.1% |
29,375 |
7.8% |
| 10-19 |
2,693 |
8.5% |
36,411 |
9.7% |
| 20-49 |
1,886 |
5.9% |
56,627 |
15.0% |
| 50-99 |
633 |
2.0% |
43,542 |
11.6% |
| 100-249 |
391 |
1.2% |
59,630 |
15.8% |
| 250-499 |
91 |
0.3% |
30,852 |
8.2% |
| 500-999 |
38 |
0.1% |
28,597 |
7.6% |
| 1000+ |
29 |
0.1% |
62,847 |
16.7% |
Smaller
companies, those employing less than 20 people, represented
90.4% of all
Rhode Island
employers and employed 25.2% of the workforce.
Rhode Island
’s mid-sized companies (20-99 employees) had 26.6% of the
private sector employment and accounted for 7.9% of the firms.
The largest
firms in
Rhode Island
, those employing 100 or more, numbered 549. This is just 1.7%
of employers but they employ almost half of the private sector
workforce at 48.3%.
It
is important to note that changes in size class data are
influenced by the switching of employers from one size class to
another as well as by new firms coming into the state. |
