Firms Start with Fewer Employees over Last 25 Years

Sung Ki Hong and Devin Werner

On the Economy from Federal Reserve Bank of St. Louis

Abstract: The average new firm that is less than a year old had 20% fewer workers in 2019 than it did in 1994.

Keywords: startups; entrepreneurs; entrepreneurship; jobs; employment (search for similar items in EconPapers)
Date: 2020-09-08
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:88699

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