Small Business Labs

MAY 25, 2021

In 2003 contract labor about 20% of total labor costs of sole proprietors. Spending on salaries and wages grew from $73.7 billion in 2010 to $97.9 billion in 2018, or an annual growth rate of 3.61%. In other words, spending on contract labor increased at 2.5x the spending on traditional employee salaries and wages from 2010 to 2018.

2018 214

2018 2003 Salary 2017 214

Small Business Labs

MAY 18, 2021

Back in 2003-2007 80% of new retail trade business applications came from firms planning on hiring traditional employees.  In addition to the surge, both charts also illustrates the longer-term shift away from shift employer business applications (high propensity applications, in yellow) and towards applications from solopreneurs.

2003 175

2003 2007 Forms 175

Small Business Labs

SEPTEMBER 11, 2018

  Way back in 2003, contract labor was only about 20% of the labor costs of sole proprietors.   Over the same period, spending on salaries and wages (meaning traditional employees) rose from $73.7 billion to $90.9 billion, an increase of 23%.  By 2010 it has risen to 31%. And in 2016 it reached 39%. 

2003 183

2003 2016 Temping Salary 183

Small Business Labs

JUNE 27, 2018

 Since 2003, for example, the number of nonemployer businesses has increased by about 5.7 Receipts increased 1.5 percent from $1.15 trillion in 2015 to $1.17 trillion in 2016. This continues a pattern of about 2% growth per year in the number of nonemployer businesses over the past couple of decades. Since

2016 193

2016 2003 2015 2010 193

Small Business Labs

MAY 30, 2017

 Since 2003 the number of nonemployer businesses has increased by about  5.2 Census  released their 2015 data on non-employer businesses last week.    Overall, the number of U.S. nonemployer businesses continued it's steady growth, increasing by 2.1% million from 2014 to 2015. Since

2015 128

2015 2003 2014 128

Small Business Labs

NOVEMBER 23, 2015

In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003.  .  As the chart below shows, sole proprietor contract labor expenses increased 38% between 2010 and 2013.    Over the same period salary and wage expense increased only 10.7%.

2003 100

2003 2013 Temping 2012 100

Small Business Labs

JUNE 4, 2015

  Over the decade from 2003 to 2013 the number of nonemployer businesses increased by 4.4 Census released the 2013 nonemployer business data. In 2013 there were 23.0 million businesses without paid employees in the U.S. This  This is an increase of 270,000, or 1.2%

2013 100

2013 2003 2012 100