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What has Caused the Number of U.S. Worker Co-ops to Nearly Double?

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The number of U.S. worker co-ops has almost doubled over the past decade—from 350 to 600—and new legislation easing access to financing for employee-owned businesses is expected to accelerate that growth.

The U.S. Federation of Worker Co-ops and its cooperative development arm, a nonprofit called the Democracy at Work Institute, are working to harness the resources and energy needed to support broader employee ownership.

Co-operative News recently sat down with Esteban Kelly, executive director of the federation, to explore this trend. Kelly believes the U.S. is on the cusp of a “major growth curve of worker ownership” that has the power to address the complicated social, racial and economic dynamics the country faces.

Read the full interview: https://www.thenews.coop/130862/sector/worker-coops/caused-number-us-worker-co-ops-nearly-double/

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