November is National Entrepreneurship month, a time to recognize and celebrate the successes and contributions of our nation’s entrepreneurs and express our support of them and their work in innovating and mapping the future. Established in 2012, National Entrepreneurship Month evolved from the first National Entrepreneurs’ Day in 2010. As we zero in on the holiday season, it is especially important to support the entrepreneurs in your life and community.
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U.S. Adds 261,000 Jobs in October
In the month of October, the U.S. added 261,000 jobs and the unemployment rate dropped to 4.1 percent, according to the U.S. Bureau of Labor Statistics (BLS). Economists surveyed by Bloomberg had expected a job increase of 325,000 in October, anticipating a recovery from the September hurricanes. September displayed a gain of 18,000 jobs for the U.S. economy, with BLS data originally showing that employers had cut 33,000 jobs.
Gender Equality Got Worse for Women in 2017
According to the World Economic Forum’s (WEF) Global Gender Gap Report 2017, the gender gap between men and women has gotten bigger—in education, health, politics and economics—for the first time since the organization began collecting the data in 2006. The report ranks 144 countries based on their progress in gender equality.
Homeownership Rate Increases in the 3rd Quarter 2017
According to the U.S. Census Bureau’s latest “Quarterly Residential Vacancies and Homeownership” release, the U.S. homeownership rate increased to 63.9 percent in the third quarter of 2017. This rate was not statistically different from those of the second quarter 2017 (63.7 percent) or the third quarter 2016 (63.5 percent).
1 in 5 Americans Say American Dream is “Out of Reach”
According to a recent survey from the Pew Research Center, most Americans believe they have achieved the American Dream or are on their way to achieving it. While the American Dream means different things to different people, only 17 percent of respondents believe it is “out of reach” for their family.
Happy Halloween 2017!
With Tuesday, October 31st fast approaching, children and households across the country are preparing for Halloween by buying costumes and candy, hosting parties and decorating their homes in anticipation for the sweet holiday.
Celebrate National Veterans Small Business Week!
National Veterans Small Business Week (NVSBW) is dedicated to celebrating veteran, service member, National Guard and Reserve members, and military spouse entrepreneurs from October 30 – November 3, 2017. Throughout the week, the U.S. Small Business Administration (SBA), alongside SBA district offices, resource partners and communities around the country, will host local and virtual events centered on “access to capital, federal and commercial procurement opportunities, and entrepreneurial training.”
New Home Sales Surge in September 2017
The sale of new homes increased to the fastest pace in 10 years, according to the U.S. Census Bureau and Department of Housing and Urban Development (HUD). New single-family home sales rose in September 2017 to a seasonally adjusted annual rate of 667,000 sales, marking an 18.9 percent increase from the 561,000 new homes sales in August and a 17 percent spike from the 570,000 new homes sold in September 2016.
Adopt a Shelter Dog Month!
The American Society for the Prevention of Cruelty to Animals (ASPCA) and the American Humane Association (AHA) observe October as National Adopt a Shelter Dog Month and Adopt-a-Dog Month®, respectively. The goal of these observations is findings dogs their “forever homes” and encouraging the public to adopt and not shop for their next canine companion.
There’s Still Good People Out There
The past seven days have been filled with meetings, projects, traveling, speaking engagements—you name it. On Saturday, I had the honor of speaking at the inaugural MBA’s mPowering You Summit and then covering the MBA Annual Convention & Expo.