4 ms·

>New business (and therefor new job) creation in the USA has tanked. The unemployment rate is at a 9 year low and falling. What data do you base this assertion

• wcummings 9y ago
  Jobs weren't created in the "right" places and people don't think they should have to migrate for job opportunities. This has not always been a realistic expectation, tons of people have people have moved to find work in the past and now. Ironically the same people who feel this way seem to dislike immigrants, who are motivated to take risks and move for a shot at a better life.
• kratak 9y ago
  The unemployment rate is BS. The important number is the labor participation rate.
• specialist 9y ago
  It's an old story. Just this week: "Let’s look at just one indicator — new business formation. From 2010 to 2014, 60 percent of counties nationwide saw more businesses close than open, compared with just 17 percent during the four years following the 1990s slowdown. During the 1990s recovery, smaller communities — counties with less than half a million people — generated 71 percent of all net new businesses, with counties under 100,000 people accounting for a full third. During the 2010 to 2014 recovery, however, the figure for counties with fewer than half a million people was 19 percent. For counties with less than 100,000 people, it was zero." https://www.washingtonpost.com/posteverything/wp/2017/04/20/want-to-rescue-rural-america-bust-monopolies/?utm_term=.681909ccc2ea https://www.washingtonpost.com/posteverything/wp/2017/04/20/...