Small Business Labs

NOVEMBER 30, 2017

  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. ." The study findings show the U.S. economy is digitializing rapidly.  It also shows the number of low digital jobs substantially declined during the same period.

2002 175

2002 2001 2016 Skills 175

Small Business Labs

MARCH 21, 2016

in 2002 to 34.8% The Guardian's  US millennials feel more working class than any other generation  covers data from the General Social Survey showing that the number of millennials (born 1980 to 2000) who consider themselves middle class has fallen from 45.6%

2002 100

2002 2014 2008 Expenses 100

Small Business Labs

NOVEMBER 13, 2012

In 2002, roughly 18% of all part-timers were teens aged 16 to 19. This provides a new pool of part-time workers, making it easier for firms to shift work away from full-timers. Even more interesting on the demographic side  is the decline in workforce participation rates by teens (aged 16 to 19). is also a driver of part-time work.

2002 100

2002 2012 2007 Retirement 100

Small Business Labs

JULY 31, 2014

This term was coined in the late 1990's and in the 2002-2005 time frame it was a very hot trend. Overestimating the near term impact of new technologies. I often tell people trends are easy, timing is hard. Take the now hot Internet of Things. Everyone was predicting it was going to be the next big thing.

2002 100

2002 2005 Suppliers Agencies 100

Small Business Labs

JUNE 23, 2010

" While small farms are not going to replace large farms anytime soon, the USDA is projecting that the market for locally grown food will be about $7 billion by 2012, up steeply from $4 billion in 2002. We cover small farms and local food - part of the broader new localism movement - in our Small Farms category. 

2010 100

2010 2002 Retirement 2020 100