Small Business Labs

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Freelancers and Financial Well-Being

Small Business Labs

This score provides a standard metric that allows comparisons of financial well-being across individuals or groups. .  Consumer Financial Protection Bureau (CFPB) , which the CFPB  uses to create an individual’s financial well-being score.

2017 207
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Our Updated Small Business Closure Forecast is More Optimistic, But Still Grim

Small Business Labs

  As a point of comparison, in an average year about 8% of employer small businesses close.  .  As the chart below shows (click to enlarge), the base case closure rate (50% probability) has decreased from 21% to 17% and the optimistic case (probability 25%) from 14% to 12%. 

2020 193
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Ride Sharing Continues Rapid Grow

Small Business Labs

By comparison, just 15% of Americans said they had used these services in late 2015, and one-third had never heard of ride-hailing before." Key quote on their findings: "The share of Americans who use ride-hailing services has increased dramatically. Today, 36% of U.S.

2015 164
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Global Interest in Coworking Booming

Small Business Labs

In comparison to the same month in the previous year, this figure has climbed by 35% - and by around 60% compared to two years ago. When looking back at the last five years, the search volume for “coworking” has increased sixfold in comparison to other queries.

Google 100
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Small Business Closure Scenarios

Small Business Labs

   By way of comparison, the SBA chart below shows small business closure and startup rates between 1990-2015.   .   In our optimistic case, 14% close and in our pessimistic case, 34% close.      The table below (click to enlarge) shows the scenario data. 

2015 190
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Independent Workers Have Higher Satisfaction Levels than Traditional Job Holders

Small Business Labs

" These questions are close enough, we think, for a directional comparison. The MBO Partners survey asked: "Please rate your overall satisfaction with being an independent worker." And it's clear more independent workers are satisfied than those with traditional jobs.

2005 140
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The Rise of Intermarriage and Cultural Fusion

Small Business Labs

The reason 1967 is the comparison date is that's the year the U.S. In 2015 one-in-six U.S. newlyweds (17%) were married to someone of a different race or ethnicity.    This is up from just 3% in 1967. Supreme Court ruled that interracial marriages were legal.  metro areas, huge variation in intermarriage rates. 

2014 133