The front page of USA Today (Wednesday) mentions that this is the first recession in the last 50 years where entrepreneurship has failed to assist with a recovery. According to the study they cite self-employment is at record lows relative to previous recessions. They cited a few reasons why people are opting "out" of entrepreneurship.

1. Rising Health Care Costs (This is a worry that I have myself since the premium for my family and I would be rougly $800/mo. The only solution I can come up with is to take a high deductible and never get sick ;-) We should probably start another thread on how self-employed people manage their health-care costs...)

2. Financing Problems created by too much consumer debt (We've already spent all our money on big screen TV's so we have nothing left to start a biz.)

3. Recent Corporate Scandals like Enron (I don't agree at all with this one. If anything, it would make me feel like my corporate job isn't safe at all...)




USA Today Article