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Yes, at least by BLS's instrument, entrepreneurs are both in the labor force and employed. Census runs a separate survey with separate definitions, and so does
by bandrami 10y ago
Yes, at least by BLS's instrument, entrepreneurs are both in the labor force and employed.
Census runs a separate survey with separate definitions, and so does Treasury -- yes, it's infuriating -- and I don't know how entrepreneurs and SBOs fit in to those, but for BLS they count as employed if they're actually doing work for the company they founded (even if they're not yet taking a paycheck).