It is projected that over 58 percent of companies plan to use temp employees over the next few years. Temp work will no longer be limited to administrative assistants. High-level professionals are increasingly choosing to work as temp employees.
Last week, President Obama announced a $26 million multi-agency program to encourage innovation and job creation through public-private partnerships. The Advanced Manufacturing Jobs and Innovation Accelerator Challenge will help to build entrepreneurship across the country.
According to recent SEC filings, growth at entrepreneurial companies is skyrocketing at a rate of 13+ percent over job growth rates last year. This is compared to growth rates of a mere 3 percent at non-entrepreneurial companies.
A recent survey by Bank of America shows that small-business owners expect local and national economic conditions to improve. Nearly 31 percent plan to increase their workforce by an average of 25 percent.