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  • PEOs provide services to 173,000 small and mid-sized businesses, employing 4 million people.

  • There are 487 PEOs in the United States.

  • The 4 million worksite employees were paid $216 billion in 2020.

  • The total employment represented by the PEO industry is roughly the same as the combined number of employees for Walmart (United States only), Amazon, Kroger, and Home Depot. 

  • The PEO industry’s 173,000 clients represent 15.3 percent of all employers with 10 to 99 employees.

  • From 2008 to 2020, the number of WSEs employed in the PEO industry grew at a compounded annual rate of 7.6 percent. This is 7 percent higher than the compounded annual growth rate of employment in the economy overall during the same period.