Self-Employed Boost The Economic Recovery
: “Self-Employed Boost The Economic Recovery”
By JON E. HILSENRATH
Are start-up companies helping to drive the economic recovery?
“For months, economists who pore over the Department of Labor’s employment surveys have suspected as much. That is because for the past 18 months, more and more Americans have been going off to work on their own. Self-employment has increased by 400,000 in the past year alone, according to a monthly survey of American households conducted by the Labor Department. But it has been hard to tell whether these new self-employed workers were really profiting from their ventures, or whether they were just biding their time during a period of painful unemployment.”
– While this article is a couple of months old I still think it is valid. More people do seem to be starting their own businesses and the employment roles don’t seem to be growing much. Maybe this is the reason. Then again maybe someone is trying to gloss over the difficulties faced by the average employee/non-employee. -ed.