Latest Self Employment Statistics From Census.gov

July 31, 2007 by Chuck | 1 Comment

From the Rural Entrepreneurship Newsletter:

According to the Census bureau’s latest statistics (2005) the number of self employed persons is growing. The number of self-employed Americans has been rising rapidly for years, and new Census Bureau data indicates that the trend is continuing. The Census Bureau released the latest numbers (2005) which show that more than 20 million Americans are now self-employed. A deeper look at these numbers yields some astounding figures. Each day, 2,356 Americans decide to go into business for themselves. Their companies account for 78% of all US businesses, and they collectively obtain annual receipts of $951 billion. Georgia (up 7.6%) and Utah (up 7.2%) showed the highest annual increases. The national average increase was 4.4 percent. The fastest growing sector was Web search portals, where the number of self-employed jumped an astounding 41.2 percent in one year.

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