The only point I'm trying to make is that it's misleading to characterize the median or modal size of US employers by using the Fortune 500.
Census offers statistics on which employer size brackets employ how many people. ~41MM people in the US are employed by firms with fewer than 100 employees, ~72MM people are employed by those with more than 100 employees. In the smaller company bracket, more people are employed by companies with between 20 and 100 employees than at smaller companies.
All the Fortune 500 tells you is the size of the 500 most profitable companies. And my earlier point was simply this: the "501th company", which just missed being included on the F500, is presumably gigantic; KeyCorp just barely got onto the list.
Census offers statistics on which employer size brackets employ how many people. ~41MM people in the US are employed by firms with fewer than 100 employees, ~72MM people are employed by those with more than 100 employees. In the smaller company bracket, more people are employed by companies with between 20 and 100 employees than at smaller companies.
All the Fortune 500 tells you is the size of the 500 most profitable companies. And my earlier point was simply this: the "501th company", which just missed being included on the F500, is presumably gigantic; KeyCorp just barely got onto the list.