I have a column up today over on Real Clear Markets commenting on a Huffington Post column last week by Jared Bernstein on the persistent debate over where job creation comes from:
No matter how you slice the data-by size, age, sector, geography, astrological sign-you will never see a monolithic pattern from which you can conclude, "all jobs come from X." Large companies creates lots of jobs in terms of gross numbers, but they also shed lots of jobs; new and young firms create lots of jobs, but they take lots of jobs with them when they close or fail.
Comments