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Job Creation by Firm Age: Recent Trends in the United States (2022)

While some new firms never hire employees and others are responsible for only modest job creation, a small share of new firms experiences extraordinarily high growth and creates a significant number of jobs.

Published: October 2022

Authors: Jessica Looze and Thomas Goff

Special thanks: Lauren Aleshire, Rusti Decker, Kim Farley, Alyse Freilich, Lacey Graverson, Kayla Smalley, Shari Wassergord

Suggested citation: Looze, J. and Goff, T. (2022). Job Creation by Firm Age: Recent Trends in the United States. Ewing Marion Kauffman Foundation, Kansas City.

This is a report published by the Ewing Marion Kauffman Foundation utilizing content and data from multiple sources and external contributors. Every effort has been made to verify the accuracy of the information contained in this report, and it is believed to be correct as of the publication date. Nonetheless, this material is for informational purposes, and you are solely responsible for validating the applicability and accuracy of the information in any use you make of it.