In a bleak job market, like the one that has prevailed during the past several years, does it make sense to head off on one's own? On the basis of recent increases in self-employment, a lot of people appear to think so, with the number of proprietors growing by almost 2 million in the US and by close to 400,000 in the UK during the Great Recession and its aftermath.
Yet, research to be presented at a major management conference this summer sounds a caution about these developments. Self-employment, it finds, entails not just such well-known drawbacks as low earnings, long hours, and risk to personal funds; it also has the further effect, until now unrecognized, of compromising prospects for wage employment if proprietorship falls short of expectations.
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To read the full, original article click on this link: Self-employment dims chance of landing a company job, study finds
