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How many new employees are hired, per year, for companies of the following sizes: under 10 employees, 11 to 50 employees, 51 to 250 employees, 251 to 500 employees, 501 to 1000 employees, and 1,000+ employees?
Hello! Thanks for your question about new employees hired per year. The most useful sources I found to answer your question are United States Census Bureau and US Bureau of Labor Statistics. The short version is that the average employees hired are 1 employee ( under 10 employees), 1 employee (11 to 50 employees), 2 employee (51 to 250 employees), 14 employee (251 to 500 employees), 14 employee (501 to 1000 employees) and 138 employees (1,000+ employees). Below you will find a deep dive of my findings.
METHODOLOGY
First, we researched data on the number of firms in USA published by the United States Census Bureau and the US Small Business Administration. For calculations, it has been assumed that the number of firms remain relatively constant over the period 2013-2016.
Total number of Firm in US :
Then, we researched data on the number of total employees in US categorized by firm size for years 2013, 2014, 2015 and 2016 published by the US Bureau of Labor Statistics. These four years have been taken to calculate the average number of employees hired over the years.
Then we calculated the total employees hired each year and average employees hired each year.
Total employees hired 2013-2014
= Total employees in year 2014 - Total employees in year 2013
Total employees hired 2014-2015
= Total employees in year 2015 - Total employees in year 2014
Total employees hired 2015-2016
= Total employees in year 2016 - Total employees in year 2015
Average employees hired each year
= [(Total Employees hired 2013 - 2014) + (Total Employees hired 2014 - 2015) + (Total Employees hired 2015 - 2016) ] / 3
Average employee hired each year per firm
=Average employees hired each year / Total number of firms
CALCULATIONS
SUMMARY
* Companies under 10 employees hire an average of
* Companies with 11 - 50 employees hire an average of
* Companies with 50 - 250 employees hire an average of
* Companies with 250 - 500 employees hire an average of
* Companies with 500 - 1000 employees hire an average of
OTHER POINTS:
*The net change (Total hires - Total separations) in employment for year ending February 2017 = 2.4 million
CONCLUSION
To wrap it up, the average employees hired are 1 employee ( under 10 employees), 1 employee (11 to 50 employees), 2 employee (51 to 250 employees), 14 employee (251 to 500 employees), 14 employee (501 to 1000 employees) and 138 employees (1,000+ employees).
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