The Freelancer Generation: 8 Key Facts you Need to Know

Curated by Paul Helmick

I’m a Technology CEO and Experienced Entrepreneur. I love helping people use technology to grow their business.

  1. There are more than 53 million freelancers in the U.S
  2. It’s quickly become one of the largest workforces.
  3. More than one-third of all U.S. workers have partaken in freelance work in the past year.
  4. By 2020, contingent work (freelancing) will become the dominant form of labor, making up to 50 percent of the labor force.
  5. 43 percent of freelancers are Millennials – that’s important to know, because 33% of American workers today are Millenials.
  6. Whats driving this? Technology that allow increased remote work; an increasing digital economy; a growing part-time workforce; and labor force gains and losses.
  7. Many people can can thrive financially as freelancers, enjoy flexible schedules that can create a favorable work-life balance by promoting their services to potential clients. Freelancers are often seasoned pros within their niche.
  8. Business owners soon may not have many other options when looking for top talent, as a majority of the workforce will be freelancers in the very near future.