For the first time in five years, the rate of new business startups rose in the United States, according to a new report from the Kauffman Foundation, a national entrepreneurship nonprofit. Startup activity saw the largest annual increase in 20 years.
The rise in entrepreneurship is an important sign of economic recovery. Most entrepreneurs leave employment to take a risk on their own business. More willingness to take that risk shows that entrepreneurs have more confidence in the economy.
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