Small Business InvestingThe 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.