The Wall Street Journal
Ahead of the Tape
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Call it the case of the missing start-ups.
It isn't small businesses so much as new businesses that typically power job growth during economic recoveries. Trouble is, that engine isn't firing on all cylinders this time around. Even as the pace of company closings returned to normal, prerecession levels by the end of 2010, the formation of start-ups continued to lag behind. These were still 6.2% beneath prerecession levels, as a new St. Louis Federal ...
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