Millions of jobs have been created since the previous recession ended. From 2011 to 2014 alone, the U.S. economy added about 2.5 million jobs per year. Much of this job growth has come from the formation of new businesses (i.e., startups) and their initial growth. We look closely at how firms of different ages contributed to the net growth in jobs between 2011 and 2014—on the national level and within the four largest metropolitan statistical areas (MSAs) in the Eighth District: St. Louis, Missouri; Little Rock, Arkansas; Louisville, Kentucky; and Memphis, Tennessee.
Last updated: 08-30-2017