As I’ve written here many times before, small companies and especially new companies are what create nearly all of the net new jobs in America, yet a new study released last week by the Hudson Institute suggests the rate of job formation by new firms is down dramatically in recent years, from an average of 11 new startup jobs per 1000 workers at a peak in 2006 down to 7.8 new startup jobs per 1000 workers in 2011 — a 29 percent decline. So is the startup economy losing its oomph and should we be worried? No the startup economy isn’t losing its oomph but yes, it’s time […]
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