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Small Business Investing

The Basics

What effect do the unemployed have on the self-employed?

Unemployed people have had a great effect on the self-employed. Instead of seeking similar work after losing a job, many people launch a new business. The trend for this dynamic has increased for many years. In 2001, 3.1% of unemployed people became self-employed; in 2006, 3.6% became self-employed; in 2011, 5.5% became self-employed.



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