"Nor do they include those who leave the 'employee' workforce to become self-employed, by starting their own enterprise."
Which would mean that they are employed, thus their not showing up in the count.
posted on 04/02/2004 6:38:24 AM PST
("Live free or die; death is not the worst of evils" Gen. John Stark 1809)
The self-employed do not show up anywhere. Their status doesn't show up in the unemployment rate, of course, but more importantly, the newly-self-employed are not counted in job creation. I'll say that again:
If an individual starts his own business, this is not counted as the creation of a job.
posted on 04/02/2004 6:42:54 AM PST
(I'm not always cranky.)
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