Activist Post
Historically, small businesses have been the primary engine of new job
creation in the United States. If the economy was getting healthy, we
would expect to see the number of jobs at new businesses rise. Instead,
we are witnessing just the opposite.
We are told that the economy is supposed to be "recovering", but the
number of "startup jobs" at new businesses has fallen for five years in a
row. According to an analysis of U.S. Department of Labor data
performed by economist Tim Kane,
there were almost 12 startup jobs per 1000 Americans back in the year
2006. By 2011, that figure had fallen to less than 8 startup jobs per
1000 Americans.
According to Kane, the number of jobs in the United States at businesses
that are less than one year old has fallen from 4.1 million in 1994 to 2.5 million
in 2010. Overall, the number of "new entrepreneurs and business
owners" has fallen by more than 50 percent as a percentage of the
population since 1977.
The United States was once known as "the land of opportunity", but now that is fundamentally changing.
