Rapid Growth In Freelancing

Since the industrial revolution, work has undergone a complete transformation. This is because it is backed by the technology fuel of today. Changing lifestyles have also affected the psychology of typical employees. Generations ago, landing a job was only possible after completing a degree. But technology has overturned the work structures and people can work while they are in college and university.

 The popularity of freelancing:

Workers are leaving traditional employment opportunities and are moving towards freelancing to make the best of their undiscovered abilities. Paychex, which is an online HR service, revealed that some surveys were conducted regarding the workforce. The facts were pretty surprising. About 400,000 freelancers’ resumes were selected for observation from Indeed.com. The report uncovered an important insight regarding the US economy in different areas and the popularity of freelancing.

Want a Free Website

From the 1970s to the 1990s, freelancing was not very popular among the masses. But with the beginning of the new millennium, people got inspired by the entrepreneurship vision and became attracted to freelancing. This was the time when freelancing started to gain its pace. According to reports, in the years between 2000 and 2014, the freelance workforce grew by 500 percent.

Also See: 15 Fastest Growing Freelance Skills

Freelancing:

Today, freelancing is seeing epic growth. Now the term ‘freelancing’ is known by the majority of the population and businesses are expanding their workforce by hiring a record number of freelancers. Many urban cities are offering freelancing opportunities to their employees. Writers, photographers, artists, and designers dominate the freelancing field.

According to recent studies, freelance graphic designing is most popular in 34 different states of the US. Among 53 million freelancers, almost 14.3 million are pursuing freelancing as a side business. Another 9.3 million are those who have more than one source of income i.e. they are part-time employees as well as freelancers. The remaining freelancers are full-time freelancers and they earn their income by working on projects one after another.

But some people get bored with the hustle that is involved in freelancing. After working for a year as a freelancer, they prefer to go back to their traditional jobs for different reasons. Among the 400,000 resumes that were analyzed for this purpose, 134,000 pointed toward such people.

But despite the challenges, these 21st-century workers are gaining immense popularity.

Armed with laptops, web connections, and skills in demand, these workers are making freelancing, the most popular employment opportunity of today.

 

 

 

Want a Free Website