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Fewer Young Entrepreneurs

Created on April 3, 2015

Fewer Young Entrepreneurs

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Read the original report, "Why Are Young People Putting Dreams of Business Ownership on Hold?," by Patrick Tyrrell.

The share of households headed by someone under age 35 that owns or has a stake in a privately held business has dropped nearly four percentage points since 1989.

Source: Board of Governors of the Federal Reserve System, Survey of Consumer Finances, http://www. federalreserve.gov/econresdata/ scf/scfindex.htm (accessed April 2, 2015).

Tags: Federal-Reserve, private-business, millennials, risk, American-dream