The surprising startup boom that took root in the U.S. last year shows little sign of having slowed — and in fact looks — to be one factor in the nation’s high turnover rate in jobs.
Several weeks after the pandemic hit last March, economists spotted an uptick in the number of people filing initial tax paperwork for new businesses. It was unusual because the Great Recession, by comparison, saw a downward slide in such applications to the Internal Revenue Service.
