{"id":5581,"date":"2014-08-17T21:53:12","date_gmt":"2014-08-18T03:53:12","guid":{"rendered":"http:\/\/www.regiontrack.com\/www\/?p=5581"},"modified":"2014-08-17T21:53:12","modified_gmt":"2014-08-18T03:53:12","slug":"pic-of-the-week-one-bright-spot-for-self-employment-gains-08182014","status":"publish","type":"post","link":"https:\/\/www.regiontrack.com\/www\/pic-of-the-week-one-bright-spot-for-self-employment-gains-08182014\/","title":{"rendered":"Pic-of-the-Week: One Bright Spot for Self-Employment (08\/18\/2014)"},"content":{"rendered":"<p><strong>SELF-EMPLOYMENT REMAINS WEAK &#8211; EXCEPT FOR THOSE INCORPORATED<\/strong>. \u00c2\u00a0A common refrain in this recovery is\u00c2\u00a0that self-employment is lagging badly. \u00c2\u00a0That is generally true if you look at the traditional measure of self-employment which covers unincorporated businesses (primarily\u00c2\u00a0sole proprietors) only. The top graph shows that the level of traditional unincorporated self-employment has been\u00c2\u00a0locked in a downtrend during\u00c2\u00a0much\u00c2\u00a0of the period since 2007.\u00c2\u00a0Currently about 9 million persons are self-employed in unincorporated businesses.\u00c2\u00a0<!--more-->Of these, less than 1 million are farm proprietors. The number of self-employed farm operators continues to fall steadily but is not the source of weak overall self-employment. Instead it is self-employment in the traditional non-farm sectors, which is off by\u00c2\u00a0nearly 2 million from the recent peak.<\/p>\n<p><a href=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-5580\" src=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-912x1024.png\" alt=\"Self-employment\" width=\"695\" height=\"780\" srcset=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-912x1024.png 912w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-267x300.png 267w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-768x862.png 768w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-200x224.png 200w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-400x449.png 400w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-600x673.png 600w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-800x898.png 800w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png 1055w\" sizes=\"auto, (max-width: 695px) 100vw, 695px\" \/><\/a><\/p>\n<p>The\u00c2\u00a0Census Bureau also tracks another self-employment series that covers roughly 5 million workers who are self-employed but\u00c2\u00a0have chosen\u00c2\u00a0to incorporate their business operation. These workers have traditionally been treated as wage &amp; salary employees\u00c2\u00a0in the major employment surveys. The bottom graph shows the available data for this series from 2000 to the present. It follows a\u00c2\u00a0much different cycle than the unincorporated series and has been in a slow, steady uptrend since early 2010, much like wage &amp; salary employment. This is the one bright spot for self-employment in the U.S. When including those who are incorporated, total self-employment has been tracking sideways since 2012 rather than falling steadily. Not ideal, but not quite as bleak either.<\/p>\n<div align=\"center\"><a title=\"Sign up for our Pic-of-the-Week\" href=\"http:\/\/www.regiontrack.com\/www\/pick-of-the-week-web-signup\/\" target=\"_blank\">Sign up<\/a>\u00c2\u00a0to receive RegionTrack&#8217;s PIC OF THE WEEK!<br \/>\n[email_link]<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SELF-EMPLOYMENT REMAINS WEAK &#8211; EXCEPT FOR THOSE INCORPORATED. \u00c2\u00a0A common refrain in this recovery is\u00c2\u00a0that self-employment is lagging badly. \u00c2\u00a0That is generally true if you look at the traditional measure of self-employment which covers unincorporated businesses (primarily\u00c2\u00a0sole proprietors) only. The top graph shows that the level of traditional unincorporated self-employment has been\u00c2\u00a0locked in a downtrend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5580,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,13,1],"tags":[43],"post_series":[],"class_list":["post-5581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-graphic","category-pic-of-the-week","category-uncategorized","tag-employment","entry","has-media"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"thumbnail":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-150x150.png",150,150,true],"medium":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-267x300.png",267,300,true],"medium_large":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-768x862.png",768,862,true],"large":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-912x1024.png",912,1024,true],"1536x1536":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"2048x2048":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"lightbox":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"search_results":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",111,125,false],"blog_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818-250x150.png",250,150,true],"blog_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"blog_post_full":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"blog_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"portfolio_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"portfolio_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"portfolio_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"staff_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"staff_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"staff_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"testimonials_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"testimonials_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false],"gallery":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140818.png",1055,1184,false]},"uagb_author_info":{"display_name":"mcsnead","author_link":"https:\/\/www.regiontrack.com\/www\/author\/mcsnead\/"},"uagb_comment_info":0,"uagb_excerpt":"SELF-EMPLOYMENT REMAINS WEAK &#8211; EXCEPT FOR THOSE INCORPORATED. \u00c2\u00a0A common refrain in this recovery is\u00c2\u00a0that self-employment is lagging badly. \u00c2\u00a0That is generally true if you look at the traditional measure of self-employment which covers unincorporated businesses (primarily\u00c2\u00a0sole proprietors) only. The top graph shows that the level of traditional unincorporated self-employment has been\u00c2\u00a0locked in a downtrend&hellip;","_links":{"self":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts\/5581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/comments?post=5581"}],"version-history":[{"count":0,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts\/5581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/media\/5580"}],"wp:attachment":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/media?parent=5581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/categories?post=5581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/tags?post=5581"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/post_series?post=5581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}