Small Business Labs

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The Digitialization of Jobs

Small Business Labs

  The report: " presents a detailed analysis of changes in the digital content of 545 occupations covering 90 percent of the U.S. workforce in all industries since 2001.   As the report chart below shows (click to enlarge), the number of high digital jobs has grown from 5% of jobs in 2002 to 23% in 2016.

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More Americans Facing a Rent Burden

Small Business Labs

Between 2001 and 2015 median U.S. But as the report chart below shows, even at moderate levels being rent burdened greatly reduces the ability to save and build wealth. Being rent burdened means having less money for other expenses or savings. The main cause of this is rents have been rising much faster than household income.

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The State of the VC Industry - Fewer Firms, More Funding

Small Business Labs

TrueBridge Capital Partners recently released a report on the State of the Venture Capital Industry.  Key quote from the report: 200 funds invested in five or more deals in 2014, 4% fewer than in 2013 and 83% fewer than in 2001. A couple of charts jumped out at me. The first is the number of active VC firms.

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Startups Getting Smaller

Small Business Labs

The key data from the report is on the size of startups: The average size of establishment births (new startups, excluding seasonal businesses)in the 1990s was around 7.6 employees in 2001 to 4.7 Bureau of Labor Statistics (BLS) that shows the average size of small businesses has been shrinking for the last decade or so. to 4.9%.

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Is the U.S. Becoming Less Entrepreneurial?

Small Business Labs

 But several recent studies report that small business formation and entrepreneurship are in decline. Elance alone, for example,  is reporting it's creating more than 50,000 new U.S.  We'll report back as the results come in over the next couple of months. freelance jobs per month. 

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