Startups and Entrepreneurs Vital for New Job Creation in US

In the midst of record unemployment, a new report from the Ewing Marion Kauffman Foundation suggests the nation’s economic recovery lies with startup companies because they are the primary drivers of job generation in the US. The study, “Where Will the Jobs Come From?” shows that newer companies have historically created more jobs than their older counterparts, and the difference is particularly significant during economic recessions. The authors say this demonstrates that young businesses will be the key to economic recovery.

For more details, see this month’s TechColumbus newsletter published in Business First.