America News Agency

United States Vice President J.D. Vance said that small businesses, rather than large corporations, are the primary source of net employment growth in the country's economy.

Addressing small business owners, Vance noted that major corporations periodically expand and contract, hiring and laying off employees. "When we look at the net figures, large corporations are not net contributors to employment growth. Small businesses are the real drivers of job growth in our country," he said.

"We stand apart from European and global economies"

Emphasizing that the most fundamental factor distinguishing the United States from comparable economies in Europe and around the world is its vibrant small business ecosystem, Vance made the following remarks:

"Whether you are a veteran who has served your country or a citizen with a better idea, from small service businesses employing just a few people in your hometown to startups that grow into multimillion-dollar companies, you are all the backbone of American innovation."