Take a look at the Vault Layoff Tracker and the magnitude and volume of the losses are staggering. It begs the question, how can we change the tide and develop more new opportunities to help offset the hemorrage of jobs.
Entrepreneurial ventures are often put up as the path to prosperity. According to a Kauffmann Foundation study, companies founded during recessionary times have a higher likelihood of becoming economically important.
Read the study, Entrepreneurs and Recessions: Do Downturns Matter
As members of the entrepreneurial community we are proud to support the entrepreneurs who are instrumental in economic development and job creation. Our hats are off to all of the community that helps make entrepreneurial ventures possible.
Log in and let us know your comments on the state of entrepreneurism in Oregon.
Indeed everyone got dismayed with the persistence high unemployment rate, this is an issue that has to be taken with topmost priority. I know that governments are doing their part but the situation need more extra diligence and thorough planning how this dilemma can be lessen. Maybe as an alternative for this predicament , supporting entrepreneurial activity will boost employment and create source of livelihod within the community. As a support government,must also extend finanacial assistance and proper training on how they can excel in the field of business. Financial aid could be in the form of short term loans.