The content on this website is copyright protected. If you would like to cite any information on this site, please click on the chat bubble in the lower right to ask for permission.

With the August 2010 unemployment statistics being released, many are reporting how the numbers are still very high. Are there any solutions for the unemployed especially those who are on extended unemployment benefits. This article offers 5 tips to help the unemployed develop a business idea they can implement. What are you thoughts?

Are you Unemployed? 5 Tips For Starting A New Business

The Bureau of Labor Statistics (www.bls.gov) released their information about the unemployed for July 2010 and unfortunately the numbers did not improve. Both the numbers of unemployed persons, at 14.6 million, and the unemployment
rate, at 9.5 percent, were unchanged in July.

This is alarming because it basically means that the status for the unemployed did not improve. Can a solution be created that would help improve the numbers? What can be done for the unemployed to improve their situation? One thing that can be done is to show them how to start a business whether it is online or offline.

A few more statistics were:

Among the major worker groups, the unemployment rate for adult men (9.7 percent), adult women (7.9 percent), teenagers (26.1 percent), whites (8.6 percent), blacks (15.6 percent), and Hispanics (12.1 percent) showed little or no change in July. The jobless rate for Asians was 8.2 percent, not seasonally adjusted. In July, the number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 6.6 million. These individuals made up 44.9 percent of unemployed persons.

Read more at yourpassionatebusiness.com