Wisconsin ranks low for job creation from new businesses

A new analysis of data from the U.S. Census Bureau found that out of all states, Wisconsin has the fourth fewest jobs created by new businesses. Researchers at HireAHelper calculated the share of total employment attributable to business establishments that opened in the past 12 months and determined that newly opened businesses employ 2.7% of the workforce in Wisconsin — a total of 71,376 employees. There were 9,334 newly opened businesses over the past 12 months, or 7.2% of all businesses in the state. For comparison, newly opened businesses nationally make up 3.9% of total employment with 5,222,826 employees. Nationally there were approximately 669,205 newly opened businesses, or 9.3% of total businesses.