October 22, 2010
In 2009, self-employment rates for older workers continued to be higher than those for younger workers. Among the unincorporated, self-employment rates ranged from 1.6 percent for those aged 16 to 19 years to 18.1 percent for those aged 65 years and older. Among the incorporated, self-employment rates ranged from 0.1 percent for those aged 16 to 19 years to 7.7 percent for those aged 65 years and older.
In 2009, unincorporated and incorporated self-employment rates were higher for men than women. Among the unincorporated, 8.3 percent of men were self-employed, compared with 5.6 percent of women. Among the incorporated, 5.4 percent of men were self-employed, compared with 2.3 percent of women.
With regard to educational attainment, in 2009 unincorporated self-employment rates were lowest for individuals with an associate’s degree (6.6 percent) and highest for those with less than a high school diploma (9.9 percent). Among the incorporated, the self-employment rate was highest (6.6 percent) for individuals with advanced degrees—about 3 times the rate for those with less than a high school diploma (2.0 percent).
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Demographics of the self-employed on the Internet at http://www.bls.gov/opub/ted/2010/ted_20101022.htm (visited March 09, 2014).
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »