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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 h


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)

Self-employment as a whole is increasing. I believe this is because people are realizing the benefits involved. The largest one being that when you start your own business, you are the boss... your own boss. Also, the satisfaction of earning your own money and being successful because of your hard work is so rewarding. But not all small businesses are success stories. Many new small businesses, whether in a store, a home, or on the Internet, fail with in the first year or two. To prevent this a lot of hard work and planning is involved in the first stages of creating a business. I think that the statistics given above from all of the sources indicate that self-employment is the way of our future. And home-based businesses and electronic commerce will be the ways that people will prefer to do business.

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E-Commerce has many privacy policy issues on the go right now during its primary stages. The new EU Privacy policy, dealing with the European Union Data Protection Directive, came out last year and its purpose was to protect data about individuals that is entered into website, stored on the Internet, or disseminated over corporate intranets (Internet 7). " There is a real need for improvement in privacy policies, but the level of protection [required by the Directive] is above and beyond what the U.S. would require," (Internet 7).

as paid-employment recovers. The on going weak level of activity in the economy may have given rise to these new trends in employment.

Self-employed workers, on average, are more likely than paid workers to work on a full-

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Approximate Word count = 1609
Approximate Pages = 6 (250 words per page double spaced)


  

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