SalemNews.com, Salem, MA

Opinion

June 30, 2009

Our view: Jobs: Many are striking out on their own

The official employment reports that comes out each month continue to tell a grim story of escalating job losses.

From the June 18 release from the state's Executive Office of Labor and Workforce Development: "The Massachusetts unemployment rate rose from 8.0 percent in April to 8.2 percent in May, while the national unemployment rate rose from 8.9 percent in April to 9.4 percent in May, the highest rate since August 1983."

But as a new report from Salem State College's Enterprise Center points out, those releases don't tell about the positive developments seen here and elsewhere in the growth of sole proprietorships and micro-businesses (those with five or fewer employees).

Between 2001 and 2006, the most recent year for which data is available, there was actually a net gain in jobs here in Massachusetts if you count those who started their own businesses. The phenomenon was particularly pronounced in the north-of-Boston region, where sole proprietors now account for one of every four people working.

"Essex County is a poster child for a significant shift in how we work," according to Christine Sullivan, the director of the Enterprise Center and one of the leaders of the statewide creative economy movement. "Today, with just a desk and laptop, one can run a business from home that reachers around the world."

Indeed, many of those laid off from traditional jobs are finding new opportunity and greater reward in starting their own businesses.

It's imperative, Sullivan notes, for government and the financial community to support these new enterprises. An example: Last week's "Big Tweet" sponsored by the Creative Economy Association of the North Shore, which drew some 300 local business people to Endicott College to learn how to take advantage of Twitter and other social networking sites.

As Sullivan points out, we might have the next eBay or Twitter lurking right here on the North Shore.

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