| The Bureau of Labor Statistics released their | | | | starting point because it will help you create a firm |
| information about the unemployed for July 2010 and | | | | foundation. It will help you determine what industry will |
| unfortunately the numbers did not improve. Both the | | | | be best for you to start a business in and can help you |
| numbers of unemployed persons, at 14.6 million, and the | | | | become focused. |
| unemployment rate, at 9.5 percent, were unchanged in | | | | |
| July. | | | | Below are some of the things you should keep in mind |
| This is alarming because it basically means that the | | | | while doing your research: |
| status for the unemployed did not improve. Can a | | | | - Create a list of skills or tasks that you like to do that |
| solution be created that would help improve the | | | | you could turn into a business. |
| numbers? What can be done for the unemployed to | | | | - Start with a subject that you are familiar with so that |
| improve their situation? One thing that can be done is | | | | you can create a firm foundation from it. |
| to show them how to start a business whether it is | | | | - Use resources like the public library or online |
| online or offline. | | | | information portals like SCORE.org or SBA.gov to |
| A few more statistics were: | | | | gather information and statistics. |
| Among the major worker groups, the unemployment | | | | - Make sure that you compile all the information you |
| rate for adult men (9.7 percent), adult women (7.9 | | | | gather into a document or notebook so that you can |
| percent), teenagers (26.1 percent), whites (8.6 percent), | | | | keep it handy. |
| blacks (15.6 percent), and Hispanics (12.1 percent) | | | | - Don't be afraid to ask for help by contacting industry |
| showed little or no change in July. | | | | experts. They could help you fine-tune your business |
| The jobless rate for Asians was 8.2 percent, not | | | | idea and even help you get started. |
| seasonally adjusted. In July, the number of long-term | | | | Stay positive while developing your new business |
| unemployed (those jobless for 27 weeks and over) | | | | even though unemployment can be disappointing and |
| was little changed at 6.6 million. These individuals made | | | | disheartening starting a business could be your solution. |
| up 44.9 percent of unemployed persons. | | | | This could become a sustaining factor for you. To |
| With 44.9 percent of the unemployed people being on | | | | encourage you to develop a business, below is a video |
| long-term unemployment benefit, one way to create a | | | | of someone who started a business at a young age |
| solution would be to start researching for ways to | | | | to help his family come out of poverty. |
| start their own business. Research is suggested as the | | | | |