
Demand for freelancers continued to climb in 2014 as employers sought to streamline operations and reduce overhead, and if the latest numbers are any indication, the trend shows no sign of slowing in the months and years ahead.
In fact, it’s estimated that freelancers, defined as “individuals who have engaged in supplemental, temporary, or project- or contract-based work in the past 12 months,” currently account for 34 percent of the U.S. workforce, contributing more than $700 billion to the nation’s economy each year. While experts have varying opinions on how quickly the freelance economy will grow – some predict independent workers will make up as much as 50 percent of the workforce by 2020 – the general consensus is that the “full-time job with benefits” is falling out of favor with workers who increasingly prefer the flexibility of the project-to-project lifestyle.
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