It’s estimated that a whopping 10 million individuals, or 6.6% of all reported jobs, were self-employed in the U.S. as of 2013–however, that figure has declined significantly since the recession, according to a new report from CareerBuilder and Economic Modeling Specialists Intl. (EMSI).
The number of self-employed workers is down 9% (936,000 jobs) since the beginning of the recession in 2006, when it was at a high of 7.2% of all reported jobs in the U.S., and declined 5% since the end of the recession in 2009. By contrast, the number of jobs for those who work in traditional work settings, also known as salaried employees, has risen 4% since 2009.
According to the report, self-employed workers are “those who, when surveyed by the U.S. Census Bureau, consider self-employment to be a significant part of their income or time working.” Owners of incorporated business are not counted among the self-employed, nor are workers who freelance or have other smaller, secondary sources of income.
Why are there fewer self-employed workers now than there were at the beginning and end of the recession?
Chosen excerpts by Job Market Monitor. Read the whole story at Self-Employment Rates Are Down Since The Recession, But May Be On The Rise Again Soon – Forbes.
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