But separate Commerce Department data show startups–firms less than a year old–make up a significantly smaller share of all companies and employment than during 1980s or 1990s. The authors worry that may be limiting one historical path to the middle class.
Source: The Wall Street Journal
Source: The Wall Street Journal
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Wednesday, September 9, 2015
New Start-Up Businesses Are A Declining Share Of US Companies And US Employment Over The Past 35 Years
Posted By Milton Recht
From The Wall Street Journal, "Starting a Business is Easy (for Harvard Business Grads)" by Jeffrey Sparshott:
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