There was a drop in self-employed people in the U.S. to the lowest level in eight years. This shows that there is no chance for nurturing new businesses. According to the Labor Department data, there were 8.68 million self-employed people in August. This was found to be the fewest since January 2002. According to the […]
Category Economy
It is known that Americans worship small businesses which are considered as the main engine for growth of the economy. Wall Street Journal Market Watch, stated it as a myth. It is known by all that about two-thirds of the jobs in the United States are created by small businesses. However, the data was based […]
According to the 4th Annual Staples National Small Business Survey, it was found that 61 percent of the business owners suffer from “ping-pong syndrome”. This might be due to the constant bouncing between competing work demands and distractions due to poor economy. The growth of the list of the things to be done was considered […]
Statistics for Small and Medium sized Enterprises (SME) pertaining to UK and regions were released by Department for Business Innovation and Skills. The various facts are as below: SME’s and their growth in UK and English Regions, Scotland Wales and Northern Ireland: It is estimated that in UK, at the start of 2008, the total […]
Surging unemployment, backlog from recent foreclosure moratoria have contributed to the increased delinquencies and foreclosures in the US. The delinquencies in loans that were 60+ and 90+ days climbed significantly. According to the stats released by FHFA, 60+ days’ delinquencies surged by 47 percent in January 31st 2009 from November 30th 2008. The 60+ days […]
While many industries are suffering with the economic downturn, the Cruise industry of North America seems to be OK with the situation. The North American Cruise Industry has a track record of continuous growth. It has very good strategies of managing the situations and any kind of economic conditions. And with the advent of recession […]