This week's episode of FinCap Friday examines a new trend that involves new business creation in the United States. The new government data is based on applications for employer identification numbers, which are necessary to start a business, and it shows that while many would say the pandemic shut down our economy - it may be helpful to think of it as more of a reshaping. What happened to the number of new business applications in mid 2020? What reasons may there be for this interesting and unexpected trend? Find out about this and more in the FinCap Friday linked below:

If you're short on time, try our simplified FinCap Friday (No Tech) with the questions embedded right into the slide deck.

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About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!