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The Developing Gig Economy:Freelancers Predicted to Become the US Workforce Majority Within a Decade
IWB ^ | Robert Carbery

Posted on 11/08/2017 12:42:47 PM PST by davikkm

In mid-October, Upwork, a global freelancing platform where businesses and individual freelance workers connect and collaborate online, released the results of a new study on the gig economy, in conjunction with Freelancers Union, titled “Freelancing in America: 2017” — the most comprehensive measure of the U.S. independent workforce.

This is the fourth annual study of the 57.3 million American freelance workers, which amounts to 36 percent of the U.S. workforce. This chunk of the world’s top economy contributes around $1.4 trillion per year, an almost 30 percent increase year-over-year, per Upwork’s report.

The amazing takeaway from the world’s largest freelancing website is that the majority of the U.S. workforce will be freelancers by 2027 if current trends hold. We could get to over half of the working public deciding to be freelancers within the next decade. The current growth rate of the freelance economy is likely to continue since people seem to be choosing freelancing by choice. The study showed that 63 percent of freelancers said they chose their line and mode of work by choice, up 10 points since 2014.

(Excerpt) Read more at investmentwatchblog.com ...


TOPICS: Business/Economy
KEYWORDS: businesses; economy; freelancers; gigeconomy; workforce
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To: editor-surveyor

Many/most jobs require a significant amount of in house knowledge to be effective.

The gig economy might work for simple smaller projects but for most types of work it won’t.


21 posted on 11/08/2017 1:46:36 PM PST by crusher2013
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To: Prolixus

It will be a fulltime gig economy for those who want to work and have a reputation for working. Mexican immigrants have a reputation for wanting to work and actually working. That reputation accurately describes most, but not all of them. The bad apples benefit from the reputation of the good workers.

Blacks have the reputation/stereotype of not working and not wanting to work. That is true of a highly visible minority of Blacks. The good Black workers don’t protest, don’t have time for ego trips on ESPN or wherever. The good are hurt big time by the stereotype.

Individualism is the answer. A man should be judge by the content of his character, and the content of his work, and not by the mis-behavior of others for whom he is not responsible.


22 posted on 11/08/2017 2:35:50 PM PST by spintreebob
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To: Prolixus

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>> “There are no jobs that ‘Americans won’t do’.” <<

But there are Americans that won’t do tough jobs!
.


23 posted on 11/08/2017 2:37:08 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: crusher2013

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>> “Many/most jobs require a significant amount of in house knowledge to be effective.” <<

Ofcourse!

That is where education and starting jobs come in. This is optional and personal, like most choices.

Some are beneficial; some not so much.
.


24 posted on 11/08/2017 2:40:13 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Jonty30

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We are in the “70th Sabbath!”

At the end of those seven years Yeshua’s kehillah will be gathered from the Earth, and the “kingdoms of Men” will be crushed, and become the Kingdom of Yehova.

Those left here on Earth will have a rude awakening, and their learning curves will be tested.
.


25 posted on 11/08/2017 2:49:04 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: editor-surveyor

Its just the market being efficient.

I see it more as a supplement rather than a replacement to existing employment.


26 posted on 11/08/2017 3:17:27 PM PST by crusher2013
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To: crusher2013

Yeah, was thinking about buying Civil 3d to do some freelance stuff from home while dealing with all these surgeries at the VA.

Hopes were dashed in days as I saw all the quick day or two jobs going for a buck an hour.

Might be a living in Sri Lanka. Not so much on the west coast of the US.


27 posted on 11/08/2017 3:18:17 PM PST by 1_Inch_Group (Country Before Party)
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To: SoCal Pubbie

My Uncle works for a company that has hands in many different places. Radiation detectors in ports across the world, electrical remediation, superfund cleanup sites...

That said, it’s a huge US company.

They don’t even have technical design people on staff any more because it’s cheaper to sub out the work to India.


28 posted on 11/08/2017 3:22:00 PM PST by 1_Inch_Group (Country Before Party)
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To: crusher2013

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Like a river, it flows to where its needed.
.


29 posted on 11/08/2017 3:23:20 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: 1_Inch_Group

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>> “They don’t even have technical design people on staff any more because it’s cheaper to sub out the work to India.” <<

Then after that fails they hire my bro-in-law at ten times what they thought they were saving to fix the damage.
.


30 posted on 11/08/2017 3:26:31 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: SoCal Pubbie

Freelance work is great, for those who can do it. However, you aren’t trying to compete for jobs in a market that has been flooded by 600 million third worlders, as the fascist cooperation between multinational corporations and political leaders take root.

Freelancing might not be so great then either.


31 posted on 11/08/2017 3:35:12 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: davikkm

This is one of the results of raising the minimum wage for low skill work and benefit mandates for salaried people - the companies shift to as much to contractors as possible.
Gig work has some benefits like flexibility IF you’re careful and in demand.
The instability, lack of benefits and uncertainty are difficult.


32 posted on 11/08/2017 3:50:17 PM PST by tbw2
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To: crusher2013

In areas like freelance writing, the influx of people from around the world has caused pay rates to drop dramatically.


33 posted on 11/08/2017 3:50:56 PM PST by tbw2
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To: editor-surveyor

It will be nice to bring this to a close. :)


34 posted on 11/08/2017 4:13:35 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: tbw2

This will drive out Americans from this line of work.

Its to be determined if the Gig ecomony will be a benefit or a detriment to the country.

If it turns into another cheap labor ploy then it will be a great detriment.


35 posted on 11/08/2017 4:25:06 PM PST by crusher2013
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To: Jonty30

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Amen!
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36 posted on 11/08/2017 4:47:12 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: 1_Inch_Group

Even the freelance work or temp work is being outsourced to India.


37 posted on 11/08/2017 5:53:27 PM PST by virgil (The evil that men do lives after them)
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To: davikkm

Free Market...freelance...

Go for it! Lessons learned...

Invaluable!


38 posted on 11/08/2017 5:57:59 PM PST by EBH ( May God Save the Republic)
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To: crusher2013

That will change very dramatically in the next year.


39 posted on 11/08/2017 5:59:09 PM PST by EBH ( May God Save the Republic)
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