Job Market

Entrepreneurs account for one in ten young professionals

A lack of employment opportunities has reportedly pushed 16-24-year-olds to launch their own businesses

Nearly one in ten 16-24-year-olds have started their own business since the start of the pandemic, according to a study conducted by GoDaddy.

In a survey of 2,502 young professionals, 9% of respondents said they had set up a business venture since February 2020, suggesting that over 630,000 UK

n established by “early entrepreneurs” in the period. A further 18% of those surveyed reportedly have a concrete business idea, as Covid-19 continues to drive entrepreneurship across the UK. While

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