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Gates and Paul Allen huddled together late nights developing Microsoft, not the corner liquor store. "I don't want to pick on dry cleaners and restaurants and small manufacturing firms, http://www.cheaptomsshoesoutletstore.us - discount toms shoes , but they're not a big source of job creation, http://bbs.95e7.com/viewthread.php?tid=1268401&extra= - http://bbs.95e7.com/viewthread.php?tid=1268401&extra= ," says John Haltiwanger, an economist at the University of Maryland. Politicians like to say that small companies create two of every three jobs in a given year. That's less impressive when you consider that almost all the 6 million companies in the U.S. 99.9 percent of them are small businesses, with fewer than 500 workers. What's more, two-out-of-three masks the fact that most small businesses eliminate more jobs than they create in a given year, either through layoffs, closings or bankruptcy. And many of the rest, the ones that don't shrink or shut down, don't offer much hope for the millions of Americans looking for jobs. Many small companies outfits like florists, hardware stores and barbershops tend to grow with the U.S, http://china118.net/ - http://china118.net/ . population, not faster. So they don't speed the economic recovery the way an exploding new industry might. According to an August study by two University of Chicago economists, most small business owners just want to be their own boss and never expect to hire more than a few employees. In fact, http://www.cruiseshiplawyersblog.com/2013/02/fire-on-carnival-cruise-ship-for-the-second-time---cruise-passengers-stranded-in-the-middle-of-the-o.html#comments - http://www.cruiseshiplawyersblog.com/2013/02/fire-on-carnival-cruise-ship-for-the-second-time---cruise-passengers-stranded-in-the-middle-of-the-o.html#comments , the more you study the numbers, the more you wonder what the politicians are getting so excited about, http://www.cheaptomsshoesoutletstore.us - toms shoes sale . Haltiwanger and two other economists showed, in a study of millions of companies over 30 years, that small businesses no more than five years old that's about 40 percent of them are the only ones that create more jobs each year than they cut. In 2005, for instance, more than 99 percent of the 2.5 million net new private-sector jobs in the United States came from these startups, according to the U.S. Census Bureau. But the 60 percent of small businesses that have been around more than five years act as a slight drag on the number of jobs available in the United States. They have cut about 0.5 percent more staff than they have added in a typical year, according to Haltiwanger. By contrast, big businesses, the ones that get all the headlines for layoffs, have hired more than they have cut about 0.1 percent in a typical year. Economist Charles Kenny of the New America Foundation, a nonpartisan research group, goes as far as suggesting that Washington should stop offering certain incentives to small business owners, http://www.cheaptomsshoesoutletstor.com - toms shoes coupon , such as loan guarantees and write-offs on taxes for home offices. He says the money would be better spent subsidizing research and development. "If you want jobs, you have to focus on the innovative firms trying to provide something new and different," he says. The country's unemployment rate is 8.3 percent, the lowest in three years. But the U.S. still has 5.6 million fewer jobs than before the recession. Assuming the pace of hiring from last year continues, it will take three years to recover all the lost jobs. Small businesses aren't helping much. They cut more workers than they hired in all but three months last year, and contributed zero to job gains again in Janu
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