The Real Reason Small Business Hiring Is Down

Entrepreneurs aren’t hiring like they used to. If the average business started in 2010 had the same first-year hiring as the average business started in 1994, new ventures would have produced an additional 1.3 million jobs in 2010. This is a substantial number considering that civilian employment is down 5.5 million jobs since the recession began in December 2007, according to figures from the Bureau of Labor Statistics.

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