Startups Critical for Job Creation in U.S.

By Scott Allen, About.com Guide to Entrepreneurs since 2002

"A new U.S. Census Bureau study funded by the Kauffman Foundation strongly suggests that it is not just small businesses, but new businesses, that hold the key to reversing the current record unemployment trend. The Business Dynamic Statistics (BDS) indicate that without job creation from new firms, the U.S. net employment growth rate is negative on average."