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Global Entrepreneurship Monitor 2019

Global Entrepreneurship Monitor: 2018/2019 Global Report Babson College First published February 2019 With its 2018 Adult Population Survey and National Expert Survey, GEM has completed 20 years of entrepreneurship research in economies from a wide range of regions and economic development levels around the world. This 20th-anniversary report profiles 49 economies with respect to demographics, their

2019 Prosperity Now Scorecard

The Prosperity Now Scorecard is a comprehensive resource for data on household financial health, racial economic inequality and policy recommendations to help put everyone in our country on a path to prosperity.

Millennial Women Entrepreneurs

Millennial women, those born between 1982 and 2000, represent the future of entrepreneurship in America. According to the 2015 Census Bureau data, there are 83.1 million millennials in the United States. By the year 2025, millennials will comprise 75 percent of the American workforce, and many will become entrepreneurs.

Financial Security of Single Women

The gender wealth gap continues growing even though single women have benefited from regulatory protections to reduce wealth stripping and have had increased access to institutions, products, and services that help them build wealth. This growing gap not only impacts their financial security in retirement but also their ability to pass resources on to future generations.

To shepherd our collective efforts and move the needle to improve the economic well-being of single low-income women, we must understand how asset inequality is compounded by structural barriers to wealth building for women, including accessing income, tax benefits, social services programs, and financial products and services.

Freelancing in America 2018

This study, conducted by an independent research firm and commissioned in partnership by Upwork and Freelancers Union, surveyed more than 6,000 U.S. workers. In its fifth annual year, findings show Americans are spending more than 1 billion hours per week freelancing. Beyond quantifying the amount of freelancing happening, new insights delve into why people are increasingly choosing to work this way.

Race, Wealth and Taxes

The Tax Cuts and Jobs Act will widen racial disparities in economic well-being, according to the new report from the Institute on Taxation and Economic Policy (ITEP), released with Prosperity Now. ITEP’s estimates provide valuable insights into how the recent federal tax changes will worsen the wealth disparity between white families and families of color.

Catalyzing Workplace Financial Coaching Programs

The following report presents four nonprofit organizations implementing workplace-based financial coaching models: $tand by Me located in Delaware, Working Credit NFP in Illinois, Neighborhood Trust in New York, and WorkLife Partnership in Colorado.

The State of Independence 2018

The MBO Partners State of Independence report, the industry’s longest running
comprehensive study of the American independent workforce, serves as a State
of the Union for a dynamic movement. In 2018, the 8th annual report finds that
the state of the independent workforce is strong, evolving, and multi-faceted.

The Business Case for Racial Equity

This report makes a compelling economic argument for the social justice imperative of racial equity. Beyond an increase in economic output, advancing racial equity can translate into meaningful increases in consumer spending and tax revenues, and decreases in social services spending and health-related costs. For example, in consumer spending alone, closing the racial equity gap in Michigan would generate an additional $1.5 billion in spending on food, $4 billion on housing, $423 million on apparel, $2 billion on automobiles and transportation, and $625 million on entertainment each year. An additional $1.5 billion would be generated in state and local tax revenues.

Why Do Businesses Close?

Over the last 25 years, about 7–9 percent of employer firms close every year and a slightly higher share open. These figures have been trending down, illustrating a decline in business turnover.