Visual Capitalist February 27, 2025
Who is really creating jobs in the economy? And what does a business’s maturity have to do with that job growth?
Turns out there is some data to shed some insights.
This chart tracks net employment gains in the U.S. by startups and established businesses. Figures are sourced from the Bureau of Labor Statistics (BLS), published January 2024.
America’s Entrepreneurs Keep the Job Market Ticking
Startups, by definition, are job creators in the economy as they add more jobs than they cut in their first year.
| Year | New jobs at startups (thousands) | New jobs at existing businesses (thousands) | Overall Net (thousands) |
|---|---|---|---|
| 1994 | 4,127 | -1,386 | 2,741 |
| 1995 | 4,371 | -1,057 | 3,314 |
| 1996 | 4,370 | ...
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