“Both on average and for all but seven years between 1977 and 2005, existing firms are net job destroyers,” write Wiens and Jackson, “losing 1 million jobs net combined per year. By contrast, in their first year, new firms add an average of 3 million jobs.” “New businesses account for nearly all net new job creation and almost 20 percent of gross job creation, whereas small businesses do not have a significant impact on job growth when age is accounted for.” forbes/sites/stevedenning/2014/10/29/the-surprising-truth-about-where-new-jobs-come-from/
Posted on: Sun, 02 Nov 2014 10:25:26 +0000
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