Steady Rise of Non-employee Businesses

The U.S. Census Bureau reported that the number of U.S. non-employers grew faster than employee businesses in nearly every year (other than 2020 during COVID-19) from 2012 to 2023. These are self-employed individuals who operate their own business, which may be (but isn’t necessarily) their primary income source. The top 3 sectors for growth: accommodation and food services; transportation and warehousing; and utilities. #IdeaoftheDay