Census Business Formation Statistics (www.census.gov/econ/bfs/ind...) released today for February 2025. Applications in High Tech (NAICS 51 + 54) show robust projected employer business startups over next 8 quarters. February shows recovery from January dip but not as high as December 2024.
13.03.2025 01:09 — 👍 6 🔁 1 💬 1 📌 0
New business applications for likely employers are a novel leading economic indicator, from Jose Asturias, Emin Dinlersoz, John C. Haltiwanger, Rebecca J. Hutchinson, and Alyson Plumb https://www.nber.org/papers/w33224
11.12.2024 18:00 — 👍 9 🔁 2 💬 0 📌 0
Projected new employer businesses remain high in High Tech sectors: Information (NAICS 51) + Professional, Scientific and Technical (NAICS 54)
11.12.2024 16:00 — 👍 5 🔁 1 💬 0 📌 0
New Business Applications increased in November 2024 remaining at high levels relative to 2019. Applications in November 2024 for likely employers 46% higher than average month in 2019.
11.12.2024 15:57 — 👍 17 🔁 7 💬 4 📌 2
The polarization of industry wages
A small set of industries accounts for the rise in US earnings inequality over the last two decades.
The recent increase in US wage inequality is driven by a small number of industries, according to researchers at the University of Maryland, US Census Bureau, and IZA. High-wage workers are increasingly sorting into high-wage industries, such as high-tech. #econsky www.aeaweb.org/research/cha...
11.12.2024 14:03 — 👍 24 🔁 7 💬 0 📌 0
We have updated our findings from the BPEA paper recently. See:
rdeckernet.github.io/website/DH_b...
25.11.2024 01:30 — 👍 6 🔁 1 💬 0 📌 0
Surging business formation in the pandemic: Causes and consequences?
Ryan Decker and I have studied the surge in new business applications finding that it has led to a surge in new employer businesses. See:
www.brookings.edu/articles/sur...
25.11.2024 01:30 — 👍 12 🔁 3 💬 1 📌 4
NAS Report on AI and the Future of Work Released today:
www.nationalacademies.org/our-work/aut...
21.11.2024 16:32 — 👍 15 🔁 7 💬 1 📌 1
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