Record of business start-ups in the United States in the third quarter

1.6 million businesses have been created across the Atlantic. This is the first time that the symbolic million mark has been crossed.

In the midst of the Covid-19 pandemic, the number of business start-ups literally jumped in the United States in the third quarter. + 77.4% between July and September, compared to the period from April to June, to reach 1.6 million, according to data released Wednesday, October 14 by the Bureau of Statistics (Census). Compared to the third quarter of 2019, the increase is even + 82.3%. However, no details are given on the activity sector of the companies created.

This is above all a record, since the number of business creations had never exceeded the symbolic million mark since the publication of these data began in 2004. The previous record was recorded in 2020, in the second quarter, with 883,018 businesses created. The prize came before that in the fourth quarter of 2019, with 881,487 business creations.

    "Although events related to Covid continued to penalize businesses, many businesses have adapted their activity to remain open, and business start-ups have jumped over the summer," commented a vice president of the American Central Bank (Fed), Randal Quarles, Wednesday October 14 during a virtual conference organized by the Hoover institution. "

Job creation is also increasing

In addition to business creations, job creations also experienced a real boom in September across the Atlantic. Private sector companies have created 749,000 jobs in this month alone, after 428,000 in August, exceeding the expectations of analysts who were expecting 600,000. The largest companies, those with more than 500 employees, created the most jobs (nearly 300,000).

However, more than 12 million Americans are still officially unemployed, and a total of 26 million have lost their jobs or seen their income fall.

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