By  on August 13, 2012

With the U.S. unemployment rate consistently above 8 percent for the past three-and-a-half years, hiring isn’t a priority for many American companies.

If one in three American micro businesses (companies with five employees or less) hired one person, the U.S. unemployment rate would fall to 4 percent, what economists consider to be full employment, said Connie Evans, president and chief executive officer of the Association for Enterprise Opportunity, the nonprofit and businesses trade group behind The Power of 1 in 3 initiative. She believes that is within reach, since micro businesses comprise 88 percent of all small businesses in the U.S.

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