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September 2007, Vol. 130, No. 9
Business Employment Dynamics data: survival and longevity, II
Amy E. Knaup
Ph.D. Candidate in Economics, University of Maryland, College Park, Maryland.
Merissa C. Piazza
Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics.
E-mail: piazza.merissa@bls.gov
A study that extends previous research on the longevity of businesses shows that survival decreases at a decreasing rate; establishments that manage to survive the crucial 4-year period after their birth have a better chance of surviving longer and experiencing employment growth.
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