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Job Growth, by the Numbers In 2019, 393,969 new jobs were created by companies in the S&P 500 Index. Of those, 171, 232 were created by entrepreneurial companies also listed in the ER30 Index. In short, 43.46% of new job creation in 2019 was driven by entrepreneurial growth. Furthermore, the share of jobs created by entrepreneurial companies is rising compared to other blue chip stocks. For example, in 2011, ER30 companies employed a total of 0.64% of the total jobs in the S&P 500 Index. As of 2019, the ER30 companies employed 3.66% of the total jobs. Entrepreneurial Companies Driving Growth Amazon (Nasdaq: AMZN) continues to be the largest employer of the S&P 500 Index, employing over 1,289,000 people per its fourth quarter earnings report (not including temporary personnel and contractors).

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