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Stock impact report

Workers are leaning into entrepreneurship as the job market's Great Freeze marches on [Business Insider]

ZipRecruiter, Inc. Class A (ZIP) 
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Ege Aksu, an economist at Revelio Labs, looked at data on transitions into entrepreneurship. Hiring has cooled from a 2022 peak, while moves into entrepreneurship have risen. People looking to run a business should think about their finances and skills. Instead of sending out résumés and job applications during the Great Freeze, it could be a good time to get a business plan in order. Ege Aksu, an economist at workforce intelligence company Revelio Labs, analyzed shifts in US entrepreneurship and hiring over the past few years, using data from public professional profiles on platforms like LinkedIn posted between 2019 and this past June. Clear patterns emerged: when hiring fell, the share of job switchers transitioning into entrepreneurship tended to heat up. Aksu told Business Insider that people may be starting businesses out of necessi Show less Read more
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