The Economy Crushing Collapse Of Startup Jobs

Forbes has a great article on job creation from economist Tim Kane:

Historically, the cohort of startups represent about 10 percent of all U.S. firms – 500,000 out of 5 million total. I discovered that those startups create an average of 3 million net jobs every year, whereas the all the other existing companies combined lose a net 1 million jobs. Startup job creation held steady right around 3 million during business cycles until 2009, which was the most recent data back then.

This article is well worth your time. It's unborn businesses that provide future job growth.