Millions have filed to start businesses in US during coronavirus pandemic

Wednesday, February 16, 2022 | Tag Cloud Tags: , , , , , , ,

(Worthy News) – Millions of people throughout the United States filed applications to start businesses during the second year of the coronavirus pandemic that has disrupted the economy.

Roughly 5.4 million applications were filed during 2021, an 53% increase over the 3.5 million in 2019 when the health crisis was just getting underway, data released Monday from the U.S. Census Bureau show. The number is also a jump above the 4.4 million applications in 2020, and data show that in the first month of this year, around 430,411 business applications were filed, a 2.6% increase from December.

The Department of Labor released data on Jan. 4 showing that roughly 4.5 million people quit their jobs in November, an increase from 4.2 million who quit their jobs in October. Roughly 4.3 million people quit their jobs in August, and 4.4 million people left their jobs in September. [ Source: Washington Examiner (Read More…) ]

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