The recovery of New Jersey's economy may continue to be slow, but one sector -- the self-employed and other businesses without paid employees -- has been steadily increasing, according to data from the.
Statistics released last spring for nonemployer businesses (like a CPA or a freelance writer) show that both the number and the total receipts have been rising in New Jersey and in most of its counties. Statewide, there were 620,282 businesses without paid employees in 2012, an increase of a little less than 1 percent from 2011 and up 5 percent over 2007, the year in which the recession officially began. Receipts for those businesses rose to $35 billion, a 3 percent increase over one year and 8 percent higher than in 2007.
The increases follow a national trend, according to census officials. In the United States, the number of nonemployer businesses -- ones without paid employees that are subject to federal income taxes and have at least $1,000 in business receipts -- reached 22.7 million in 2012, up 1.1 percent from 2011 and almost 4 percent from 2007. The number of these businesses has grown by more than a quarter over a decade.