Small Business Labs

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75 Must-Know Statistics About Race, Income, and Wealth

Small Business Labs

  Key article quote summarizing these statistics: "On average, people of color experience significantly lower levels of income, retirement savings, and rates of homeownership than white Americans. " The article chart below (click to enlarge) shows the median household net worth by race. 

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The Post Pandemic YOLO Movement

Small Business Labs

We learned this interesting fact from the New York Times article Welcome to the YOLO Economy.      The article describes the growing number of people who are, in the words of the article, "quitting prestigious and high-paying jobs to pursue risky passion projects."

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The Anti-Work Movement and the Surge in Self-Employment

Small Business Labs

" Our favorite antiwork forum post (below) is from  a Business Insider article on the antiwork movement. We'll have more on this topic in the near future, but below are several articles related to the antiwork movement. The post nicely sums up the lack of personal time associated with many jobs.  

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The Creator Economy Monetization Features of the Major Social Media Platforms

Small Business Labs

The article also makes a good point about the diversity of digital creators.   For example, as we were writing this article, we heard that  YouTube is launching a $100 million fund to attract TikTok creators to its Shorts product. Key quote: Substack creators are writers, while Twitch creators make videos.

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Post Pandemic, the Hybrid In-Office, Remote Work Model is the Most Favored

Small Business Labs

The Washington Post's recent article T he hybrid office is here to stay. The Washington Post article's title mentions that this shift will be disruptive.    But the focus of the article is on it being disruptive for companies.

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The Pandemic Increased Interest in Self-Employment

Small Business Labs

  Again from the article: "Of the group that wanted to try self-employment, 59% of people said flexibility was the primary factor. As Forerunner's chart below (click to enlarge) shows, a substantial portion of Americans - and especially those with kids at home - are more interested in working for themselves.

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Deloitte on the Future of Work

Small Business Labs

Their recent article Redefining work, workforces, and workplaces is a good example. In a relatively short article, it nicely synthesizes and explains "multiple converging trends and how they are already fundamentally changing all aspects of work." With this article Deloitte has done an excellent job simplifying it. 

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