I don't think it's too much of a stretch. It's generally not a good idea (or practiced in reality) to hire people until you have a corporation setup.
The largest barrier to setting up a corporation is cost and paperwork time. If you reduced or eliminated those, you would very likely see a lot more corporations spring up and then a lot more jobs created.
Even if many of these corporations went bust and the jobs didn't last at these ones, at least you would greatly reduce the time and cost for experimenting with a new company and you'd see the number of successful companies (which add permanent jobs) increase.