Getting ahead in the city is hard. In rural America, it’s even harder.

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Stocks Soar, But Young Investors Remain Wary

/   Crystal Kim, Barron's

Markets are near all-time highs, but lots of young investors are sitting out the rally, owed in part to their glass-half-empty perspective of the economy. A recent study by Ernst & Young and the Economic Innovation Group found that the cohort born between 1982 and 1998 is still deeply affected by the stock market crash…

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Ireland’s business startup rate among lowest in European Union

/   Michael Hennigan, FinFacts

The US Census Bureau’s Business Dynamics Statistics (BDS) program last September released its estimates for the year 2014. Startups’ share of all US firms dropped from 8.1% in 2013 to 8.0% in 2014. 403,900 new firms opened in 2014, down from 404,500 in 2013 and the startup rate remains below the 10.8% achieved in 2006…

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Why Millennials Choose To Join Corporate America Over Becoming Entrepreneurs

/   Natalie Bacon, Forbes

Millennials have a reputation for ditching their nine-to-fives for entrepreneurship. But in terms of young people actually going out to start their own businesses, this perception is very different from reality. Why? According to a study by the Small Business Administration, in 2014, less than 2% of millennials were self-employed. This compares with 7.6% of…

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J.D. Vance, the False Prophet of Blue America

/   Sarah Jones, New Republic

According to the Economic Innovation Group, my home congressional district—Virginia’s Ninth—is one of the poorest in the country. Fifty-one percent of adults are unemployed; 19 percent lack a high school diploma. EIG estimates that fully half of its 722,810 residents are in economic distress.

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Hire me, I’m a millennial: What being a millennial means in business today

/   Tyra Laster, Rolling Out

Phrases such as “generation me” have earned that title due to the perceived notion that this generation is self-entitled, unimpressed, and unmotivated. In fact, John Lettieri, the co­-founder of the Economic Innovation Group, stated that, “Millennials are on track to be the least entrepreneurial generation in recent history.” On the contrary, millennials are seen as…

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Why We Need to Address Crowdfunding Education Now

/   Kathleen Minogue, Crowdfund Insider

The importance of bringing new capital-raising tools to these small businesses comes into focus when you understand the size and scope of the gap and the opportunity. The US Census data compiled by Economic Innovation Group in “The New Map of Growth and Recovery” report indicates that only 20 counties (mostly urban coastal tech centers)…

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