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Historically Large Decline in Job Creation from Startup and Existing Firms in the 2008-2009 Recession

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Abstract

The Census Bureau’s Business Dynamics Statistics (BDS) provides data on business dynamics for U.S. firms and establishments with paid employees. This briefing highlights some key features of the most recent BDS update, which now has data through 2009—the trough of the recent recession.

Page Last Revised - October 8, 2021