The economy has yet to recover from the great recession as nation’s unemployment numbers remain bleak at 9.1 percent. That number is worse in Michigan, where the unemployment rate is 10.9 percent. One solution to this problem may be for more people to start businesses. The costs of starting up a business may be lower now than in pre-recession times. For more on this, we’re speaking with Nicole Christian, reporter and senior news editor at WDET in Detroit, and Henry Balanon, co-founder of Detroit Labs, which makes iPhone, iPad, Android and web applications.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!