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Entrepreneurs hiring at faster pace

Fifty-nine percent of entrepreneurs say they've added full-time staff as opposed to 42 percent of entrepreneurs who did so two years ago, according to the Global Entrepreneur Indicator from the Entrepreneurs' Organization.

By Amanda McGrory-Dixon | Updated on August 15, 2012

Fifty-nine percent of entrepreneurs say they’ve added full-time staff as opposed to 42 percent of entrepreneurs who did so two years ago, according to the Global Entrepreneur Indicator from the Entrepreneurs’ Organization.

Another 62 percent of respondents say they plan to bring in more full-time employees in the next six months to continue this accelerated hiring. Sixty-six percent of respondents in Latin America and the Caribbean and 60 percent of respondents in the United States report creating jobs, which are the highest regional rates. Of the areas reporting the lowest profit increases are Europe and the Middle East at 53 percent and South Asia at 44 percent. EO believes this is because of the areas’ political and economic unrest.

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