It is a common belief now in the U.S. that small businesses are the ones creating new jobs. But according to a new report by Kris Dawsey, who is an economist for Goldman Sachs, that belief is not accurate at all.

Dawsey explains that the size of the business is not the determining factor in creating jobs but its age. Based on the study, there is no connection between job creation and the size of a business.

However, according to an article from businessinsider.co, “Despite all of this, Dawsey communicates the house view that job creation will continue.”

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