Running a small business can be tough. If you’re not careful with your expenses, you can easily go into the red. Thankfully, there are many things small businesses can do to save money. Below are five strategies for saving money on all your most important expenses.
Archives for November 2015
These days almost every industry has its share of outstanding women entrepreneurs. The list starts at the top of the business food-chain with first-time women CEOs such as Mary Barra of General Motors and IBM’s Ginni Rometty. This is followed with more CEOs, in other fields such as education, social media, and the non-profit sector. In addition, woman entrepreneurial power comes in teams that are co-founding the next big thing. Here is a glimpse of this diverse group of women professionals with expertise, insight, and vision for innovating and trendsetting.
The gig economy is just one sub domain of what is happening more broadly to the workforce, including just-in-time scheduling and other disruptions to the labor markets, whether as a result of the gig economy, automation and robots, artificial intelligence and other factors. Fortune columnist Jeffrey Pfeffer writes, “What is not in dispute is that the proportion of contractors, freelancers, and part-time, contingent workers in the U.S. has been increasing and has been for a long time.”
In the new gig economy, the key to successful freelancing is having a variety of profit centers. Whether you choose to have several projects in one field, or work in a variety of fields, having an arsenal of freelance options will keep you successfully self-employed.
Much of the talk about the U.S. job market is that it’s far less robust than it use to be, despite a steady improvement in the official jobless rate since the Great Recession high of 10.0% in October 2009. This October, the official unemployment rate was 5%.
In truth, the real jobless rate would be 9.8% if those who have given up looking for work and part-timers who want a full-time job were included.
According to the latest U.S. Bureau of Labor Statistics (BLS) data release on November 6th the U-6 Unemployment Rate for October was 9.5%. The current “Seasonally Adjusted” U-3 Unemployment Rate for October is 5.0% down from September’s 5.1% The employment situation for the month of October 2015 was as follows: The number of Unadjusted jobs reported for October 2015 was 143.739 million. That was up from June’s previous peak of 142.836 million.