Economy

It Pays To Have Your Own Business

a new report by the Center for Labor Market Studies at Northeastern University shows that our country has just come out of a recession. In every past recession since WWII the amount of extra money the economy made was split in the following way: about 61% went to wages for employees and about 24% went to corporate profits and income to small business owners. In the most recent recovery in 2002 and 2003, only 38% went to employee wages and 52% went to small business owners and corporate profits

Visit: www.nupr.neu.edu/4-04/corporate_profits.pdf