Last year 5.5% of jobless managers and executives launched a business, up 31% from 2012 and the highest level since 2009, says outplacement firm Challenger Gray & Christmas.

Confidence in the economy and access to individual health insurance via Obamacare help fuel the trend, says CEO John Challenger.

Image: http://money.cnn.com 

To read the original article: Entrepreneurship sprouts among older ex-execs - Apr. 16, 2014