According to the Ewing Marion Kauffman Foundation report, there has been a rise in entrepreneurship in the U.S. between 2019 and 2020. At least 380 out of 100,000 adults per month became entrepreneurs in 2020. The foundation’s VP Philip Gaskin says the phenomenon occurred before as well, during economic meltdowns. Airbnb, Uber, and Venmo were all byproducts of the last recession. With no job at hand or one that can go away any day, people want to have independent incomes. Incredible, isn’t it? Watch the CBS News video to learn more about it.
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