It's not just a weak job market in the U.S. as data reveals that 365,000 fewer people were
running their own business last quarter, as compared to the same period in 2006.
Besides the large drop in the number of people running their own business, it was also
reported that the number of hours worked by the self-employed fell at a 15.5 percent annual pace
in the last quarter -- the biggest decline in 15 years.
It's clear from these last two piece of news -- the first decline in jobs in five years and
a massive drop in people running their own businesses -- that it's more important than
ever to stay focused on your job and career.
The data comes from Labor Department research that was supplied to Bloomberg News.