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"Why are low-quality jobs created at SMEs? It is because the large companies hand over labor-intensive production to lower-level companies, causing exponential creation of new businesses amongst the lowest-paying bracket. Large firms have transferred a portion of their production process to...
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This article takes advantage of access to confidential matched bank-firm data relative to the Belgian economy to investigate how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the wake of the Great Recession. Variability in banks'...
Persistent link: https://www.econbiz.de/10012940882
Entrepreneurship is essential for a healthy labor market. Recent evidence shows that young businesses (at most ten years old) have, on average, accounted for all of US employment growth over the past few decades. New businesses are especially important for youth employment. However, these...
Persistent link: https://www.econbiz.de/10014289494
Although understandable in light of its traumatic impact, the Great Recession of 2007-2009 may be distracting attention from a more fundamental troubling economic trend. The United States appears to be suffering from a long-term leak in job creation that pre-dates the recession and has the...
Persistent link: https://www.econbiz.de/10014180250
This study evaluated the role of SMEs in tackling unemployment in Nigeria with particular emphasis on the ….9% respectively showed that employment generated in the SMEs subsector has a significant positive impact on unemployment in Nigeria … indicating that the preponderance of SMEs has not really reduced unemployment in Nigeria as a result of the excess supply of …
Persistent link: https://www.econbiz.de/10013237111