Florida start-up companies created more than 1.5 million jobs between 2005 and 2009, according to a report released by the Foundation for Government Accountability (FGA).
The Job Growth Overview: Start-Up Companies are Florida’s Top Job Creators report, authored by FGA economist Joseph Burke, was created to raise awareness of the policies that affect entrepreneurs and to advocate reforms to promote job creation in Florida.
“Promoting start-ups is the key to Florida’s economic recovery,” Burke writes in the December report. “Reducing the time and cost it takes entrepreneurs to launch start-ups will encourage job creation and help put more Floridians back to work.”
Florida Job Creation Numbers 2005-2009
- 1,475 million Jobs created by start-ups.
- 217,558 Annual average jobs created by start-ups.
- 788,256 Net jobs (job creation minus job destruction) by start-ups.
- 159,836 Net jobs created by all types of establishments.
- 44,295 Start-ups companies established (average) each year.
- 23.5 Percentage decrease in number of start-ups established since the recession (in 2007).