Monday, February 27, 2012

New Independent Workforce: Rise of the New Economy

Mavenlink-independent-workforce-650

The Growing Workforce:

Many workers today do not work for organizations on a permanent basis.  These independent workers, both solopreneurs and independent service firms, known collectively as the contingent workforce, are present in many different fields.  But who are they?  We examine this unique section of the labor force.

From 1995 through 2012, the total workforce of contingent workers (self-employed and solopreneurs) grew by an estimated 4.3 million workers.  Despite economic downturn, the overall contingent workforce has held steady and is projected to grow to 40 percent, or 64.9 million by 2020.

Who Did Solopreneurs Hire in 2010?
And despite the economic recession, this independent workforce holds strong, bringing in more workers and providing jobs.  In 2010, 27% of those surveyed in the Freelancers Union Annual Worker Survey had hired other workers.

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