Is this the new economy reality? Read this article post from Impact Labs entitled Jobs of the Future Will Not Support Basic Standard of Living in U.S., it’ll make you think.
As the economy limps along and long term prospects of finding a job gets slimmer, people are being pressed into entrepreneurship. The Kauffman Foundation has a post that outlines the numbers, ‘Jobless Entrepreneurship’ Tarnishes Steady Rate of U.S. Startup Activity, Kauffman Study Shows. Here’s a quote:
According to the “Kauffman Index of Entrepreneurial Activity,” a leading indicator of new business creation in the United States, 0.34 percent of American adults created a business per month in 2010, or 565,000 new businesses, a rate that remained consistent with 2009 and represents the highest level of entrepreneurship over the past decade and a half.
- The Cannibalization of Entrepreneurship in America: Expanding Financial Sector Depleting Pool of Potential High-Growth Company Founders (kauffman.org)
- Kauffman Foundation Teams Up with StartupDigest to Expand Reach of Entrepreneurial Network (kauffman.org)
- Are Crappy Startups Wall Street’s Fault? (gigaom.com)