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U.S. Recovery Offers Few Opportunities (Bloomberg Businessweek)
By Anna-Louise Jackson and Anthony Feld
More than 1 million self-employed Americans are no longer in business almost four years after the last recession began, as the economy constrains entrepreneurial activity and small-business job creation....
The extension of unemployment benefits -- to as long as 99 weeks in several states -- has influenced some people’s decisions about starting their own business, according to Kristie Arslan, president and chief executive officer of the National Association for the Self-Employed, based in Washington.
‘Calculated Assessment’
They “are trying to make a calculated assessment,” she said. Is the amount they’ll collect “going to be greater than what they’d make working for themselves?” And if they fail, they may no longer be eligible for these benefits, she added.
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