The Bureau of Labor Statistics released their information about the unemployed for July 2010 and unfortunately the numbers did not improve. Both the numbers of unemployed persons, at 14.6 million, and the unemployment rate, at 9.5 percent, were unchanged in July.
This is alarming because it basically means that the status for the unemployed did not improve. Can a solution be created that would help improve the numbers? What can be done for the unemployed to improve their situation? One thing that can be done is to show them how to start a business whether it is online or offline.
A few more statistics were:
Among the major worker groups, the unemployment rate for adult men (9.7 percent), adult women (7.9 percent), teenagers (26.1 percent), whites (8.6 percent), blacks (15.6 percent), and Hispanics (12.1 percent) showed little or noA�change in July.
The jobless rate for Asians was 8.2 percent, not seasonallyA�adjusted.A�In July, the number of long-term unemployed (those jobless for 27 weeks andA�over) was little changed at 6.6 million. These individuals made up 44.9 percent of unemployed persons.
With 44.9 percent of the unemployed people being on long-term unemployment benefit, one way to create a solution would be to start researching for ways to start their own business. Research is suggested as the starting point because it will help you create a firm foundation. It will help you determine what industry will be best for you to start a business in and can help you become focused.
Below are some of the things you should keep in mind while doing your research:
Create a list of skills or tasks that you like to do that you could turn into a business.
Start with a subject that you are familiar with so that you can create a firm foundation from it.
Use resources like the public library or online information portals like or to gather information and statistics.
Make sure that you compile all the information you gather into a document or notebook so that you can keep it handy.
Don’t be afraid to ask for help by contacting industry experts. They could help you fine-tune your business idea and even help you get started.
Stay positive while developing your new business even though unemployment can be disappointing and disheartening starting a business could be your solution. This could become a sustaining factor for you. To encourage you to develop a business, below is a video of someone who started a business at a young age to help his family come out of poverty.

By Smiley