New Businesses (Few) and New Jobs (Few): The New America
Written by Gary North on May 3, 2012
The #1 source of new jobs in any economy is the creation of start-up businesses. In the 1980s, the percentage of new business start-ups to businesses in general was 13%. In 2010, it had fallen to below 8%. This was the lowest on record. In 2010, about 400,000 new businesses began. As a result, there […]
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