John Haltiwanger
@jchaltiwangerum.bsky.social
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Reposted by John Haltiwanger

jchaltiwangerum.bsky.social
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.

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nber.org
NBER @nber.org · Dec 11
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

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jchaltiwangerum.bsky.social
Projected new employer businesses remain high in High Tech sectors: Information (NAICS 51) + Professional, Scientific and Technical (NAICS 54)

Reposted by Tara M. Sinclair

jchaltiwangerum.bsky.social
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.

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aeajournals.bsky.social
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...
The polarization of industry wages
A small set of industries accounts for the rise in US earnings inequality over the last two decades.
www.aeaweb.org

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Reposted by Raffaella Sadun

jchaltiwangerum.bsky.social
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...
Surging business formation in the pandemic: Causes and consequences?
www.brookings.edu

Reposted by John Haltiwanger

Reposted by John Haltiwanger

Reposted by John Haltiwanger