Stories

SaveSave story

The jobs bomb sitting below private equity

Lazaro Gamio / Axios

Private equity investors are often criticized for destroying jobs, though the most comprehensive research into their impact on employment found that it was "modest." That's about to change.

Why this matters: Harvard Business School's Josh Lerner says the update to a study on private equity and jobs this time around will definitively show private equity to be a net job creator or job destroyer. He would not tip his hand as to which side of the ledger things now fall.