UK: Austerity might last until 2020

The Small Business Blog

Worrying news for anyone in the UK as two influential think tanks believe that austerity will be still be a big issue, not just for the elections in 2015, but all the way through until 2020. Business News 2020 austerity UK Economy

2020 183

Coworking Forecast - 26,000 Spaces and 3.8 Million Members by 2020

Small Business Labs

  As the chart below shows, we expect the number of global coworking spaces will grow from a bit over 11,000 this year to just over 26,000 in 2020. million in 2020.  The number of spaces are forecast to grow 18% in 2020, down from a 41% growth rate in 2016.

2020 208

By 2020 Less Than Half the Children in the U.S. Will Be White

Small Business Labs

Census , by "2020 less than half of children in the United States are projected to be non-Hispanic white alone (49.8 So in 2020 white children in total will comprise about 72 percent of all children. This, by the way, means in 2020 about 23% of all U.S.

2020 161

The Intuit 2020 Report - 20 Trends for the Next Decade

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses?

2020 176

The Aging U.S. Workforce: Baby Boomers in 2020

Small Business Labs

In 2020 the youngest baby boomers will be 55, the oldest 74.   As the chart below shows, by 2020  one quarter  of the U.S. Bureau of Labor Statistics expects 43% of those 55+ to be in the labor force in 2020.

2020 182

Intuit 2020 Report: The Future of Financial Services

Small Business Labs

Intuit 2020: The Future of Financial Services builds on the data, trends and forecasts in the Intuit 2020 report , which identifies 20 emerging trends and shifts that will shape business and society over the next decade. Intuit recently released a new report on The Future of Financial Services.    Intuit and Emergent Research partnered on this research, which included interviews and workshops with a mix of financial services industry participants, analysts and academics.

2020 140

More Than 50 Percent of U.S. Private Workforce Will Be Independent by 2020, Report Says

The Solopreneur Life

private workforce will be independent by 2020, according to a report published today by MBO Partners. By the year 2020, MBO Partners predicts that 70 million people, more than 50 percent of the private workforce, will be independent. M ore than 50 percent of the U.S. The MBO statement is one of five predictions that the consulting firm makes in its 2012 Independent Work Preview. The report says: One is the New Majority.

2020 159

The Institute for the Future's Profile of On-Demand Economy Workers

Small Business Labs

1099 Economy Contingent Workforce Freelance gig economy Independent workers Intuit 2020 on-demand economy self-employment Small Business Economy

2016 226

Book Review: The Fifth Age of Work

Small Business Labs

Several of our studies are referenced and cited included our New Artisan Economy report and Intuit 2020 report. Artisan Economy Contingent Workforce Coworking Economic Decentralization Independent workers Intuit 2020 New Artisans self-employment trends

2013 249

Small Businesses Want Tech Help From Accountants

Small Business Labs

  Finance Intuit 2020Excellent article over on The Sleeter Group's site summarizing research on what small businesses think about their external accountants and what they want from them. Emergent Research (that's us) assisted the Sleeter Group with this research.

2013 184

Education Driving the She-conomy

Small Business Labs

It's a She-conomy is one of my favorite  Intuit 2020 Report trends.  Tags: Intuit 2020 Trends Report trends women   Intuit's Michael Runzler came up with this clever term to describe the growing role women are playing in the global economy.    I want to focus on one of the key drivers of the She-conomy in the U.S. education.  Over

2010 160

HealthyWage - Lose Weight, Make Money

Small Business Labs

  Intuit 2020 Trends Report trendsHealthyWage is fascinating company that provides financial incentives to people to lose weight.    They have such an interesting "about the company" paragraph, we're printing it:    HealthyWage is America's leading provider of consumer, corporate and government health incentive and wellness programs, and wellness marketing opportunities. 

2011 140

My Health Care Risk Shift Mistake

Small Business Labs

  We cover the Risk Shift and what it means for financial institutions in a article on Banking.com , and it's one of the 20 key trends in the Intuit 2020 Report.    government policy Intuit 2020 Trends Report trendsI recently personally experienced one of the trends we follow - The Risk Shift.   The    The bottom line: I spent over $800 for x-rays that should have cost me $37.    Let me explain.

Health 138

Smartwatches Forecast to Drive Wearable Computing Market

Small Business Labs

BI Intelligence has released their wearable computing forecast to 2020 and they are very bullish on smartwatches. Smartwatchs will drive a big chunk of this growth and will make up 52% of total wearable computing shipments in 2020.

2015 199

Uber Unveils Flying Taxi Prototype

Small Business Labs

  Uber is planning on starting limited air taxi service in Dallas and Los Angeles in the 2020 time frame. So don't be surprised if it doesn't happen by 2020.

2018 198

Contingent Labor Comprises 38% of Corporate Workforces

Small Business Labs

  Ardent is also suggesting it could be as high as 50% by 2020. But it also seems likely it will be at least in the low to mid 40% range by 2020. Ardent Partners recently released their 2016-2017 State of Contingent Workforce Management report. 

2016 257

Gartner's Top Trends for 2017

Small Business Labs

These include: By 2020, 100 million consumers will shop in augmented reality. By 2020, 30% of web browsing sessions will be done without a screen, mostly due to voice interactivity. It's that time of year again. We're not referring to the holidays.

2017 209

Part-Time Women Out Earn Part-Time Men

Small Business Labs

Back in 2010 we forecast that women would reach earnings parity with men around 2020. In Part-Time Jobs, Women Outearn Men  covers the interesting fact that women who work 35 hours or less per week earn about 110% of what men working similar hours earn.

2013 191

Flying eVTOL Taxis Getting Closer

Small Business Labs

They plan to start testing their air taxi service - called Uber Elevate - in Dallas and Dubai in 2020.  The Barron's Penta article  The Next Wave in Flight: Flying Vehicles You Can Summon With Your Phone covers eVTOLs, which are electric vertical take-off and landing vehicles. 

2018 200

The Rise of Smart Objects

Small Business Labs

Cisco is forecasting that by 2020 there will be 50 billion "things" attached to the Internet. Good article from JWT Intelligence on smart objects. These are objects that have been enhanced by the addition of computers of some kind.

2013 204

3D Printing Moving Past Prototyping to Large Batch Manufacturing

Small Business Labs

BCG expects this market to triple by 2020. After literally several decades of hype and hope, it appears 3D printing may finally be starting to deliver on its promise to change manufacturing.

2017 215

The Biggest Mistake You're Making With Data

On The Job

Specifically, it’s estimated by IDC that worldwide revenues for big data and business analytics will hit $203 billion in 2020, a significant jump from the $130.1 “In God we trust. All others must bring data.” – W. Edwards Deming.

2017 130

The 2015 MBO Partners State of Independence Report - 30.2 Million U.S. Independent Workers

Small Business Labs

By 2020, the number of independent workers in America is expected to grow to 37.9 The 2015 MBO Partners State of Independence Report was released today. Key findings include: The number of independent workers aged 21 and up stands at 30.2 million in 2015, divided between 17.8

2015 191

Adapting To Versus Adopting Cloud Computing

Small Business Labs

small businesses will be fully adapted to cloud computing by 2020, more than doubling the current 37 percent rate. We call this group "fully adapted"   We're forecasting the "fully adapted" group will grow to 78% by 2020.

2014 194

Are You Ready to Be a Predator?

On The Job

By 2020, businesses that learn to master digital will become the predator, while those that make minor changes or don’t do anything at all will become digital prey , says Forrester’s Nigel Fenwick. “To This group risks extinction by 2020. Four years.

2016 130

How Small Businesses Save With Cowork Solutions

Small Business CEO

million people will use coworking spaces by 2020 and many small businesses are turning to this way of working.

2017 62

Merging Machines and Analytics with the Internet of Things

Small Business Labs

in 2020. GE, the large industrial conglomerate, is re-positioning itself as a digital company. Their recent ads describe GE as an "indugital" and "digidustrial" company. And yes, I agree these marketing efforts are still a work in progress.

2015 151

The Decline of Employee Training & The Rise of Side Gigs

Small Business Labs

For more on this trend see the  Intuit 2020 report  or the excellent book  The Great Risk Shift. The chart below, which shows a decline in employer-provided and on-the-job training in recent decades, has been making the rounds in the economic blogs.

2015 234

Are Women Holding Themselves Back?

On The Job

While 70% of 4,100 professionals surveyed in 32 countries by Accenture say that the number of women in leadership roles will increase by 2020, there are still problems in female advancement in the workplace.

2014 208

Low Wage Workers Not Who You Think They Are

Small Business Labs

The EPI and the National Employment Law Project have teamed up to produce a fact sheet on their proposal to increase the national minimum wage to $12 by 2020

2016 191

Intuit Future of Small Business Report

Small Business Labs

  A growing pool of on-demand talent: Driven by the growth of contingent workers, projected to represent 43 percent of the workforce by 2020, small businesses have access to the right people at the right time in a flexible way, without the responsibility of hiring traditional employees. 

2016 222

Health Grows to 17.6% of U.S. Economy

Small Business Labs

  In the Intuit 2020 Report we forecast that U.S. GDP by 2020.    Health care could reach 21-22% of GDP by 2020.  If like us you're worried about health care spending, there's some good news and some bad news.    The good news is U.S. health spending grew just 4% in 2009 , the lowest growth rate in the 50 years the government has tracked this data. 

Health 147

Why You Should Consider Using AI in Your Marketing Strategy

Small Business CEO

billion revenue by 2020 , and is a factor that will dominate the marketing industry in 2017. Are you struggling to communicate with your customers at all times? Fortunately, artificial intelligence (AI) can help you to improve your marketing strategy.

2017 60

China's Rising Cities

Small Business Labs

  By 2020 there will be more than 20 global megacities, each teeming with more than 10 million residents.    Urbanization is changing how the world lives and works, and is covered in more detail in the Intuit 2020 Report. 

2011 192

Assistants as information managers

Practically Perfect PA

Back in 2013 HAAGA-HELIA University of Applied Sciences in Helsinki, Finland released the Management Assistant 2020 report , which detailed how the role of an Assistant will change by 2020.

2017 166

News on the Growing Contingent Workforce

Small Business Labs

  What You'll Need to Know to be the Boss in 2020 , from Forbes, examines what it means to be a manager when many of your workers is contingent. workforce will be contingent (we say independent) in 2020. Lot's of recent news about the continued growth of the contingent workforce, which is the term the corporate world uses for what we call the independent workforce - freelancers, contractors, independent consultants, temps, etc.

2012 170

Self-Employment and Portfolio Careers

Small Business Labs

 Our forecast is this will happen around 2020. One of the more interesting findings from this year's MBO Partners State of Independence study is that about 40% of adult Americans aged 21 or older have been independent workers (freelancers, self-employed, contractors, etc.)

2013 197

Global Middle Class Booming; Poverty Declining

Small Business Labs

  Last year in the Intuit 2020 report we forecast that 1 billion middle class consumers would join the global economy by 2020.  The Christian Science Monitor's Surging BRIC middle classes are eclipsing global poverty  does a great job describing the surging number of people entering the middle class around the world. 

2011 138

Fascinating Findings from the 2010 Census

Small Business Labs

  It's likely that over half of all children under 18 will be ethnic minorities before the next Census in 2020.   8 additional states will likely join this club by 2020.  I know "fascinating" and "demographic data" aren't words that often appear together.    But as much as I hate to admit it, I couldn't put down the Population Reference Bureau's report on the findings of the 2010 Census until I finished it.

2010 166

What is "Hope Labor"?

Small Business Labs

For more on this trend see the Intuit 2020 report or the excellent book The Great Risk Shift. Hope Labor: The Role of Employment Prospects in Online Social Production looks at the motivations behind "hope labor", which the authors define as: " un- or under-compensated work carried out in the present, often for experience or exposure, in the hope that future employment opportunities may follow."

2015 151

7 Surprising Benefits of Coworking Spaces

Dumb Little Man

By 2020, four out of every 10 professionals in the U.S. A co-working space can change a business in profound and positive ways. If you’ve never seen one, it’s a shared office environment that your employees can use for however long is necessary.

2016 284

In Demand Job Skills

Small Business Labs

Job Growth and Education Requirements is a comprehensive new report from the Georgetown Center on Education and the Workforce that projects job growth by industry and occupation to 2020.

Skills 189

Wage Versus Education Gap

Small Business Labs

Because of this, we continue to forecast wage parity between men and women in the 2020 time frame.  Their are two really interesting male/female gaps in the U.S.  The wage gap, where men make more money on average than women, gets a lot of attention.

2014 198