Re: With a record number of new companies starting up in Derderia and with
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28 Sep 2022, 01:53
Author concludes that there should be more companies starting up this year when compared to last year, as the total number of jobs added by previously established companies this year when compared to last year is fewer.
The Author is comparing number of companies starting up this year, to number of jobs added by Previously Established Companies (PEC), which is not really apples to apples, unless the author assumes that each new company adds the same number of jobs every year.
A. Each year, new companies starting up create more new jobs overall than do previously established companies. Irrelevant. Author concludes that total number of jobs added by startup companies should be greater than last year and this statement has no relevance to the conclusion.
B. Companies established last year will not add a greater number of jobs overall this year than they did last year. Incorrect. Companies established last year are a subset of "previously established companies". The author already says that previously established companies will not add as many jobs as they did last year.
C. This year, the new companies starting up will not provide substantially more jobs per company than did new companies last year. Correct. The Author is comparing number of companies starting up this year, to number of jobs added by previously established companies, which is not really apples to apples, unless the author assumes that each new company adds the same number of jobs every year.
D. This year, the overall number of jobs created by previously established companies will be less than the overall number of jobs lost at those companies. Irrelevant. This statement just tells you that jobs were added at PE .
E. The number of jobs created in the Derderian economy last year was substantially larger than the number of jobs lost last year. Irrelevant. We know that a record number of jobs were added last year. The comparison of jobs added vs lost last year has no relevance.