NEWSRELEASE
For Release: January 26, 2007
Contact: John McDowell, (202) 205-6941
SBA Number: 07-1 ADVO
Press Kit
New Study Documents The Self-Employment Rate
Of Service-Disabled Veterans
WASHINGTON, D.C. – Service-disabled veterans are self-employed at a rate significantly lower than the veteran population as a whole, according to a study released today by the Office of Advocacy of the U.S. Small Business Administration. The study indicates that the discrepancy is about 25 to 50 percent.
“This report provides policymakers with information that will better our understanding of veterans’ entrepreneurship,” said Thomas M. Sullivan, Chief Counsel for Advocacy.
Written by Open Blue Solutions with funding from the Office of Advocacy, Self-Employment in the Veteran and Service-Disabled Veteran Population, attributes most of the lower self-employment rate of service-disabled veterans to disabilities that hinder their ability to work.
The study’s authors used data covering the years 1985 to 2005, derived from three sections of the Current Population Survey conducted by the U.S. Census Bureau for the Bureau of Labor Statistics. These datasets allowed them to track the employment of service-disabled veterans over time.
The Office of Advocacy, the “small business watchdog” of the federal government, examines the role and status of small business in the economy and independently represents the views of small business to federal agencies, Congress, and the President. It is the source for small business statistics presented in user-friendly formats, and it funds research into small business issues.
For more information and a complete copy of the report, visit the Office of Advocacy website at
www.sba.gov/advo.###
The Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. The presidentially appointed Chief Counsel for Advocacy advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. For more information, visit
www.sba.gov/advo, or call (202) 205-6533.