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Fragile economy causes lowest business start-up rate ever

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in HR Management,Human Resources

During the first half of 2010, only 3.7% of job-seekers opted to start their own businesses. That’s down from 7.6% in the first half of 2009 and is the lowest percentage on record, says Challenger, Gray & Christmas.

Main reason: “Would-be entrepreneurs were either scooped up by employers or scared off by fragile economic conditions.”  

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