Freelancing Frenzy to Continue


(Originally published in smallbiztrends.com)

In the coming decade, the majority of workers in the U.S. are expected to be freelancers, according to a report from Edelman Intelligence.

The study surveyed 6,000 U.S. workers to determine changing working patterns and the impact freelancing will have on the future of working and employment practices in the U.S. This trend is being driven by the millennial generation, of which 47% currently freelance.

Technology is playing a huge role in changing workplace practices and ushering in the rise of freelancing, says Amy Sept, managing editor of the Upwork blog. According to the survey, 71% of freelancers said the work they acquired online has increased during the past year.

Despite income predictability being perceived as a barrier to freelancing, the report found 63% of freelancers believe working for a range of different clients, and therefore generating multiple income streams, is more secure than relying on one employer. Freelancers, on average, have 4.5 clients every month.

Savvy freelancers are also looking to the future, keen to learn new skills. The report found that 55% of freelancers took part in skills-related training, compared to just 30% of non-freelancers.

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