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Cover Art
Author Hirschberg, David, 1934-

Title The job-generation controversy : the economic myth of small business / David Hirschberg.

Published Armonk, N.Y. : M.E. Sharpe, [1999]


Location Call No. Status
 UniM Store  Q61420    AVAILABLE
Physical description xii, 163 pages ; 22 cm
Bibliography Includes bibliographical references (pages 154-156) and index.
Contents 1. Introduction -- 2. The Job-Generation Myth: A Political Issue -- 3. The Regression Fallacy: What Is Really Happening to Small and Large Firms? -- 4. Job Creation by Firm Size: What the New Census Bureau Data Tell Us -- 5. Explaining the Employment Distribution by Firm Size: The Economic Game -- Technical Appendices. Appendix A. Sources of the Census Bureau Data. Appendix B. Supplementary Tables to Chapter 4: 1989-91 Data. Appendix C. Job-Generation Statistics for Firms with Fewer than 5, 20, 50, and 100 Workers. Appendix D. Computer Processing Instructions. Appendix E. The Size Distribution of Establishments and Firms in the Post-World War II Period. Appendix F. Allocating Boundary-Crosser Employment. Appendix G. Census Bureau Data by Major Industry Division, 1989-91.
Summary For more than 20 years, the Small Business Administration (SBA) and the National Federation of Independent Business (NIBF) have developed and perpetuated the belief that small business creates nearly all the new jobs in the economy. Since the last economic recession, the belief has become a mantra for both political parties, which have allowed the SBA and NIBF to lobby effectively for preferential treatment under the law, such as low-interest loans and exemption from mandated, employee benefits and worker safety laws. The fact is, while small businesses have generated some new jobs, it is big businesses, those with more than 500 employees, that remain the primary sources of new job generation in the economy.
Although this job-generation controversy is not new, until now very little has been written on the subject due to SBA's deliberate withholding of its data on small business performance. Drawing on data from the Census Bureau and from the SBA itself, this is the first book to analyze the role of small business in the U.S. economy. With detailed examination of the real facts about job growth, it debunks the job-generation myth, highlights the increased job insecurity and income disparity for workers in small businesses, and explains why these companies don't deserve the preferential treatment they receive.
Subject Labor supply -- United States.
Job creation -- United States.
Small business -- United States -- Employees.
ISBN 0765604906 (hc. : alk. paper)