‘Exploding Freelance Economy’ in 2014

135168824_a23f67c327_sAre you a freelancer? I am, for the most part. This could be, or should be, good news.

According to a article by Jeff Wald, the freelance economy is “exploding.” All types of freelance work, by the way, not writing in particular. But there’s a definite trend in the United States: more work is shifting away from hired staff.

Wald’s report opened:

In 2013, the freelance economy continued to dominate the discussion about the way we work. One in three Americans (roughly 42 million) are estimated to be freelancers. By 2020, freelancers are expected to make up 50% of the fulltime workforce. Independent work is becoming more common across all generations and the vast majority plan to remain independent in the coming year.

Wald went on to offer a few predictions for 2014. Among them, small- and medium-sized businesses are expected to lead the way in relying on freelancers and work is becoming more mobile.

For many people, freelancing or contract work used to be a temporary arrangement while in between jobs. Now it’s becoming a permanent way of work and life.

H/T: Jim Flowers