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44 bytes added ,  02:59, November 10, 2011
→‎Who Really Creates Jobs?: Established companies
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==Who Really Creates Jobs?==
 
==Who Really Creates Jobs?==
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Economists have observed that it is not the size of a company, but rather the age of a company that is correlated to job creation. A majority of jobs are created by young start-up companies.<ref>Badger, Emily. "Do the Rich Really Make All the Jobs?" September 22, 2011. Miller-McCune. http://www.miller-mccune.com/business-economics/do-the-rich-really-make-all-the-jobs-36382/</ref> However, failed start-ups do result in significant job destruction. It takes capital to start businesses, which means that the people at the heart of job creation are likely to be wealthy, but that does not necessarily mean that all wealthy people are job creators.
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Economists have observed that it is not the size of a company, but rather the age of a company that is correlated to job creation. A majority of jobs are created by young start-up companies, and established companies are often net job destroyers.<ref>Badger, Emily. "Do the Rich Really Make All the Jobs?" September 22, 2011. Miller-McCune. http://www.miller-mccune.com/business-economics/do-the-rich-really-make-all-the-jobs-36382/</ref> However, failed start-ups do result in job destruction. It takes capital to start businesses, which means that the people at the heart of job creation are likely to be wealthy, but that does not necessarily mean that all wealthy people are job creators.
    
==References==
 
==References==
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