The lack of new business groups is a big reason for a lack of new job growth, a new report shows. In 2014, the economy hatched 154,000 fewer new companies than in 2006, despite the economy being almost 10% larger. If you assume, based on history, that each new business creates six new positions in its first year, that means 3.4 million fewer jobs in the 2006-2014 period than we might have expected.
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By: Ben Schiller
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