September 1, 1999 (The Editor’s Desk is updated each business day.)
Working for someone else and
for yourself
Almost 2 million workers can be
described as "second job entrepreneurs." They have primary positions in
wage-and-salary jobs and hold second jobs as self-employed workers in unincorporated
businesses.
[Chart data—TXT]
The median age of second job entrepreneurs in 1998 was
about 43 years, nearly 4 years older than the median for all workers. The largest
proportion of second job entrepreneurs was the 35-to 44-year-old group—over a third
were in this age group.
Over 75 percent of all second job entrepreneurs worked
their second jobs in one of four occupational groups: executive, administrative, and
managerial; professional specialty; farming, forestry, and fishing; or sales occupations.
In comparison, about 44 percent of all workers are in these occupations.
These data are from the Current Population Survey.
Find out more in "Second Job Entrepreneurs (PDF
151K)," by Jeffrey C. Gruenert, Occupational Outlook Quarterly,
Fall 1999.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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Read more »