Quote:
Originally Posted by #^^^^^^^^^^^&
UNEMPLOYMENT
, find that what the guy says about jobless benefits being an effective way to create jobs is true.
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well, we have the longest sustained high unemployment since the Great Depression...based on your epiphany we should be awash in jobs
Fewer existing businesses are expanding, while fewer entrepreneurs are starting new businesses. In the first quarter of 2011, the number of workers hired in new business establishments fell to just 660,000, 27 percent fewer than when the recession began.[5] This is the lowest number of workers hired at new businesses that the BLS has ever recorded—lower even than the worst points of the recession.
The drop in hiring at new businesses has occurred because entrepreneurs are starting fewer enterprises and because they are hiring fewer workers per new enterprise. The average number of workers hired at new establishments fell to 3.6 per business in Q1 2011, also the lowest on record.