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The secret to job growth is, was, and will be…
November 29, 2011
Last week the U.S. Department of Labor announced that the economy is losing jobs at the slowest rate since it began tracking the number. That’s the good news. The bad news: the economy is not creating enough new jobs to replace even those.
The graph below is only the most recent one we’ve used to make the point that restoring a favorable and predictable business environment, with the right incentives for new business formation, is the only approach that will re-start the stalled jobs engine.
If you’d like to reference other graphs on the same topic used previously at NVSE:
- Start-up activity is the lowest its been since 1977
- Job growth doesn’t depend on small business but on new small businesses
- New businesses are the engine of job growth even while existing firms shed jobs
