Job Market Monitor
Entrepreneurship
Entrepreneurship and Job Creation – Predicting which firms will fail and which will succeed is nearly impossible
New firms account for a disproportionate share of aggregate job creation in advanced economies. Yet most firms fail, and it is immensely difficult to predict which firms will succeed. Policymakers can set the right conditions so that capital and other resources flow to firms with high growth potential, even if this implies initially supporting firms … Continue reading
US – Alternative entrepreneurship measures indicate that entrepreneurship is back to pre-crisis levels Boston Fed finds
In recent years, it is argued, the level of entrepreneurial activity in the United States has declined, causing concern because of its potential macroeconomic implications. In particular, it is feared that a lower rate of firm creation may be associated with lower productivity growth and, hence, lower economic growth in the coming years. This paper … Continue reading
Canada / The Top-10 Entrepreneurial Cities
Saskatoon and the communities surrounding Calgary (Greater Calgary) are once again the best large Canadian communities in which to run a business, according to the 2013 Communities in Boom report from the Canadian Federation of Independent Business (CFIB). On this first day of Canada’s Small Business Week, CFIB recognizes those communities that truly embrace entrepreneurship … Continue reading
Canada / 46% of students plan starting a business after graduation
According to the BMO, almost half of Canadian post-secondary students surveyed — 46 per cent — said they see themselves starting a business after graduation. Continue reading
China / Civil servants encouraged to start their own businesses
Civil service jobs, once termed “iron rice bowls” in China because of guaranteed job security, now have the chance to break the status quo and seek their own entrepreneurial dreams Continue reading
US / The number of self-employed at all-time low
The unemployment rate in the United States is at a four-year low, but another labor stat is shrinking in not such a favorable way: a decline in the number of self-employed Americans suggests the personal business will soon be a thing of the past. Since the Great Depression, the number of Americans who identify themselves … Continue reading
US / Losing the Race for Entrepreneurial Talent ? (Video)
In 2005, immigrant entrepreneurs launched 52% of all startups in Silicon Valley. But today, the number has dropped to 44%, and America is not only losing the opportunity to create new jobs but also losing its competitive edge, argues Vivek Wadhwa in his short, passionately argued book, The Immigrant Exodus: Why America Is Losing the … Continue reading
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