As college and university commencement ceremonies occur around the country this month, more and more young graduates are coming to the same realization: unemployment. One answer to this common problem is to simply create your own job. Entrepreneurship is a solution, albeit not a simple one, to the growing unemployment rate among 18 to 29 year olds in the U.S.
According to the U.S. Department of Labor, that age group's 15.8 percent unemployment rate in April was almost twice the overall rate of 8.1 percent. Nearly one in three young adults are unable to find full-time work, said a Gallup poll released this month.
Scarce job opportunities for the class of 2012 is a symptom of weak demand for workers in the overall economy, said the Economic Policy Institute in a recent report. The EPI report added that for the next 10 to 15 years the class of 2012 will likely earn less than they would have if they had been hired when job opportunities were more plentiful.
Bernard Turner, director of Belmont University's Center for Social Entrepreneurship and Service-Learning, said students want to "lead more meaningful lives."
"They want to be change agents in the social world," Turner said in an interview with the Tennessean.
A quality phone answering service would be extremely vital for helping startups keep in touch with their new and prospective clients even with their hectic schedules. It would allow the business owners to devote more time to other issues such as marketing or promotion, and they can be reassured that an experienced professional is in charge of anything from voicemail messaging to sending e-mail alerts.
Technology and social media overall have made it easier to young entrepreneurs to connect with clients, find investors and promote key ideas and ventures. It would be a major asset for any company to invest in experienced customer service professionals to help promote their business.