Small Business Labs

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U.S. Census Pulse Survey Finds Small Businesses Getting Slammed

Small Business Labs

Census has created a Small Business Pulse survey to track and measure how small businesses are faring during the COVID-19 pandemic.    As the Census chart below (click to enlarge) shows , 51% of the small businesses surveyed reported that the pandemic was having a large negative effect on their business. 

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Reviewing the BLS 2017 Contingent and Alternative Employment Arrangements Survey

Small Business Labs

Bureau of Labor Statistics (BLS) caused quite a stir yesterday with the release of their 2017 Contingent and Alternative Employment Arrangement (CWS) survey results.  workforce was slightly smaller than they reported the last time the survey was done, which was 13 years ago. gig/contract workers in the U.S. So what’s going on?

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Healthcare Industry Embracing the Gig Economy

Small Business Labs

71%  of healthcare executives surveyed said they are already using on-demand labor platforms, and the same percent believe that building a strong contingent workforce will help them win the war on talent.   The gig economy continues to spread rapidly and is becoming a key talent source for many industries.

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Industrial Internet Changing Industries

Small Business Labs

Interesting study from Accenture on how the industrial internet is changing the competitive landscape of industries.   Accenture defines the industrial internet as the combination of Big Data analytics with the Internet of Things. Eighty-seven percent believe it will have that power within three years.

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Growing Direct Selling Industry Employs Over 20 Million Americans

Small Business Labs

This makes direct selling a relatively bright sector of the retail industry. A Bloomberg Government survey found that 77% of direct sellers are highly satisfied.  .  Also known as multi-level marketing, retail sales by direct selling companies increased from $28.6 billion to $36.1 This is clear from the data above.

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Media Bias and Pew's On-Demand Economy Survey

Small Business Labs

Few industries have grown as fast - especially since most of these services have been broadly available across the U.S. Despite the impressive numbers, the press has been reporting that the Pew survey found few Americans are participating in the on-demand economy. .  for only a couple of years. 

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Uber, Lfyt and Ridesharing Spreading to Adjacent Industries

Small Business Labs

  But the ridesharing industry is not just stopping there. It's starting to have major impacts on adjacent industries.  Business travelers, the mainstay of the rental car industry, are also switching from rental cars to ridesharing.

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