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The trends in Self-Employment

The lack of stability in the traditional workplace is resulting in a change in the way people do business. Instead of looking to large corporations or government offices for full-time paid work, people are taking matters into their own hands. Self-employment is growing as an opportunity for everyone who needs work. Two popular sub-categories of self-employment are home-based businesses and electronic commerce.

With reduced employment opportunities in larger companies and government, many people seeking employment have started looking towards self-employment and small firms as a large source of jobs. "In Canada, 3 out of 4 new jobs created in the 1990's have been in the form of self-employment" (McJobs to My Own Job). While some self-employed workers turn to this type of employment by choice and earn high incomes, most of the increase in self-employment in the 1990's has been driven by the lack of employment alternatives such as paid work and permanent work. In 1990, the rate of self-employment as a share of total employment was twelve point one per cent and rose to fifteen point four per cent in 1995 (Pro-Quest, 4). The growth of self-employment has been attributed to high and rising


***Note- The internet sources are cited in the paper according to number I the bibliography and the journals are cited under ProQuest and issue number (which are bolded in Bibliography).

unemployment rates especially among older workers and well-educated young people, lack of suitable work, and low wages, among various other reasons. Eighty-five per cent of all jobs created in Canada since 1979 are accredited to small businesses and medium sized business (Internet 11).

2. Self-Employment: Labor Supply and Heterogeneity, Andrew Pearlman Dissertation Prospectus, September 1997 www.econ.yale.edu/~peralman/prospectus/

"The key stumbling block that prevents the adoption of the Internet is a lack of perceived need, small business owners don't think there are insurmountable barriers to making use of the Internet and e-commerce. Many simply don't see the technology as being relevant to them yet" (Internet 6). But, sixty one per cent of businesses surveyed are currently using the Internet and seventy seven point eight per cent of those businesses have said that the internet has a positive impact on their business (Internet 6). Small businesses and independent professionals, who are always short on time, might be interested in the convenience of the Internet. But to be successful, Internet service markets will have to overcome cultural barriers. People in this day and age are used to getting advice on the Internet for free, and they will most likely hesitate to pay money to a service provider whom they have never actually met face to face (ProQuest 49)

" Up to now, small business owners have seen the Internet largely as a communications research tool, not as a medium for buying and selling...This is changing, however. Canada's entrepreneurs are being very strategic in how they make use of the Internet and that increasingly means getting involved in e-commerce. E-commerce in Canada is quickly growing from infancy to young adulthood" (Internet 6).

5. Self-Employment Program- Policy Manual, www.wcb.pe.ca

When dealing with self-employment and the different sub-categories, there are many policy issues that arise. These policy issues in a large corporation or government office seem small and slightly unimportant. But to small business owners these policies are important and a very big deal. In a large corporation, insurance is provided for you as soon as you joint the company. But in a new small business, whether the business is located in a storefront or a home, life and health insurance are the last thing on someone's mind. But getting health insurance when you are on you own can be a grueling experience. Comparison-shopping is a must and most new entrepreneurs just don't have time for this in the early stages (ProQuest 3645)

16. Business: At Your Service, Volum

Some common words found in the essay are:
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Approximate Word count = 1886
Approximate Pages = 8 (250 words per page double spaced)


  

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