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The 20-34 age bracket had the lowest despite the attention lavished on youthful founders of companieds such as Facebookand Google. Job trends may increasd entrepreneurial activity amongolder Americans. “Whilde people under age 30 have historically jumped from jobto job, the most strikin g development today has been the deep drop in the incidencw of ‘lifetime’ jobs amontg men over age 50,” writes Dane Stangler, senior analys t at the foundation and author of the study. The past year’s economic upheavals also may producwe more entrepreneurs among allage groups. “The very idea of institutions has beenpermanently damaged,” Stanglef writes.
“Recent economic trends — away from lifetime jobs and toward more newcompanies — will thus gain even greater cultura traction. New and stronger regulations aiming to prevent the rise of such gianyt organizations also may help create amore market-oriented society.”