Small Business News #5

An article by admin    1 Comment

Celebrate the good news!

Top Five Books on Amazon in Small Business and Entrepreneurship as of December 4, 2009

1. Put More Cash in Your Pocket:  Turn What You Know into Dough – Loral Langemeier
2. Crush it!  Why NOW is the Time to Cash in on Your Passion – Gary Vaynerchuck
3. Getting Things Done:  The Art of Stress-Free Productivity – David Allen
4. Good to Great:  Why Some Companies  Make the Leap…and Others Don’t – Jim Collins
5. The 7 Habits of Highly Effective People – Stephen R. Covey

Jobless Rate Down

The Bureau of Labor Statistics reported that the unemployment rate for the month of November dropped from 10.2% to 10%.  “Employers in the U.S. cut the fewest jobs in November since the recession began and the unemployment rate unexpectedly fell…” as written in an article on Business Week’s website.

In addition to the declined unemployment rate, the average work week in November grew to 33.2 hours, compared to 32 hours in October and average weekly earnings increased to $622.17.

Business Ownership on the Rise

Business ownership is becoming a popular choice, especially amongst people who have lost their jobs due to the downturned economy.  “Self-employment rates have been growing at an average of 4.5 percent annually most of this decade, adding roughly 1 million people per year, and they are expected to keep pace or spike when the 2008 and 2009 numbers are released, as stated on msnbc.com.