No confidence in the future for entrepreneurs

New businesses

We might have unemployment below 5% in the US but the above chart from the Economic Innovation Group shows just how barren the recovery has been in terms of innovation and entrepreneurs chomping at the bit to reap the rewards of (err hem) the recovery. Just shows how anaemic the economic recovery is. 166,500 new companies were established between 2010 and 2014 vs. 400,000+ in 1992-1996 and 2002-2006.

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