The COVID-19 pandemic steered many workers to seek new opportunities, causing self-employment and entrepreneurship to expand and new business applications to reach record levels. Read more.
According to data from the U.S. Census Bureau, more than 75% of households report receiving wages and salaries. But alternative income streams are common in a large number of households as well. Read more.
Nearly every segment of the economy is experiencing rapid price increases at rates not seen in decades. Rising prices are putting greater pressure on households’ and businesses’ financial states as they pay more for goods and services Read more.
While members of Gen Z currently account for less than 5% of the U.S. full-time workforce, this number will increase rapidly in the coming decades.
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Between 2019 and 2020, there was a nearly 25% increase in new business applications, and that increase has held relatively steady through 2021. Read more.