Table 1.
Cohort98, firms and jobs summary, birth to age 15
| birth | survivors | age 15 | summary statistics | ||
|---|---|---|---|---|---|
| at birth | |||||
| firms ’000 | 239.6 | 26.2 | 26.2 | survival ratio (%) | 10.9 |
| jobs ’000 | 1123.7 | 163.4 | 394.9 | net job creation ’000 | 231.5 |
| jobs/firm | 4.69 | 6.25 | 15.09 | growth ratio | 2.414 |
Source: calculated from the Longitudinal BSD, see Section 3 for a description
Notes:
1. ‘survival ratio’ is the ratio of firm numbers at age 15 to firm numbers at birth
2. ‘net job creation’ is the cohort jobs at age 15 less survivor jobs at birth
3. ‘growth ratio’ is the ratio of jobs/firm at age 15 to jobs/firm in survivors at birth