Disruptions Hit Small Businesses Harder

Every disruption since this all began has hurt small businesses far more than large ones. Consider this:

  • Small businesses account for almost all business failures in the last year. Meanwhile, large businesses like Amazon, Walmart and others have flourished.
  • In the face of nationwide worker shortages, employment at large businesses has increased by almost 10%.
  • While cargo ships remain unloaded (85% of world trade moves by sea), large businesses have switched to shipping by air.

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