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Number of Employer Businesses Has Fallen 27 Percent Since 2006, Kauffman Reports
New research suggests that the current jobs crisis may have its roots in factors that predate the 2007-2009 recession. In Starting Small; Staying Smaller; America's Slow Leak in Jobs Creation, the Kauffman Foundation's E.J. Reedy and Robert Litan find that over the past few years new businesses are starting off smaller and growing less than in previous years. For example, the cohort of firms that started in 2009 are now predicted to contribute one million fewer jobs over the next decade than historical averages would suggest. Read the report...