Self employment on the rise

Whether it’s by preference or an act of desperation by people who’ve gone years without a full-time job, U.S. workers are striking out on their own in greater numbers than ever before.

Rocky BalboaThe number of Americans

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2010, up 414,000 from the previous year, according to the latest data from the Census Bureau. That represented 14.4 percent of the civilian labor force, more than two percentage points higher than 2002.

“People who have been knocking on doors for two years will turn to something else when there are no payroll jobs in their field,” said Heidi Shierholz, a labor economist with the Economic Policy Institute. “The growth we’re seeing is in fields where you can create those opportunities.”

Read the orignial article here: http://www.thefiscaltimes.com/

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