Since a declaration of emergency for COVID-19 was issued on March 13, 2020, total private employment dropped by over 15 percent. Small businesses employers bore the brunt of the job loss, with a decline of more than 17 percent. Read “Small Business Employment Plummets” to learn more.
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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government.