Thursday, May 03, 2012

Entrepreneurship Declines

This isn't rocket science. In a nation that seems hell bent on making it difficult if not impossible for individuals to buy health insurance, entrepreneurship is nearly extinct.

According to the Kauffman Index of Entrepreneurial Activity, only 0.32 percent of adults started a business in 2011, down 5.9 percent from the level of 2010. Demographically speaking, the entrepreneurs of today have nothing left to lose. By educational level, high school dropouts are most likely to start a business. Least likely: college graduates.

Source: Ewing Marion Kauffman Foundation, Kauffman Index of Entrepreneurial Activity

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