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The Trends in Self-Employment By Jennifer Peddle The lack of stability in the traditional workplace is resulting in a change in the way people do business Instead of looking to large corporations or government offices for full-time paid work people are taking matters into their own hands Self-employment is growing as an opportunity for everyone who needs work Two popular sub-categories of self-employment are home-based businesses and electronic commerce With reduced employment opportunities in larger companies and government many people seeking employment have started looking towards self-employment and small firms as a large source of jobs In Canada 3 out of 4 new jobs created in the 1990s have been in the form of self-employment McJobs to My Own Job While some self-employed workers turn to this type of employment by choice and earn high incomes most of the increase in self-employment in the 1990s has been driven by the lack of employment alternatives such as paid work and permanent work In 1990 the rate of self-employment as a share of total employment was twelve point one per cent and rose to fifteen point four per cent in 1995 Pro-Quest 4 The growth of self-employment has been attributed to high and rising unemployment rates especially among older workers and well-educated young people lack of suitable work and low wages among various other reasons Eighty-five per cent of all jobs created in Can ada since 1979 are accredited to small businesses and medium sized business Internet 11 Self-employed workers on average are more likely than paid workers to work on a full- time full year bases Many self-employed workers also work extra long hours One in three 321 of self-employed men and one in five 321 self-employed women work more than ten hours or longer days six or seven days week This is compared to five point three per cent of paid working men and one point two per cent of paid working women
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