Wednesday, September 9, 2015

New Start-Up Businesses Are A Declining Share Of US Companies And US Employment Over The Past 35 Years

From The Wall Street Journal, "Starting a Business is Easy (for Harvard Business Grads)" by Jeffrey Sparshott:
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.

New Start Ups Share Of Private US Companies
Source: The Wall Street Journal
Share Of US Workers At New Start Ups
Source: The Wall Street Journal

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