Q1 2018 Start-Up Report: Highest Quarterly Rate Since Q3 2013

Perhaps seizing on a tax bill favorable to business, as well as a stable economy and tight labor market, job seekers chose to start new businesses in the first quarter of the year at the highest rate since the fourth quarter of 2013, according to a report from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

An average of 7.99 percent of job seekers started a business in the first quarter, the highest quarterly average since the fourth quarter of 2013, when 8.6 percent of job seekers started a business. This was up from 5.01 percent of job seekers who started new businesses in the last quarter of 2017.

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