Jobs, and whether startups or large companies create more of them.

People often say it, but the numbers don’t support it. Most jobs are in large companies, and most job growth is in large companies. (Startups create something different…that eventually leads to jobs perhaps…?)

Startups are 3% of firms and create 20% of jobs, an NBER paper. 

Do startups create a lot of jobs?

A big factor is startups also destroy a lot of jobs.