Thursday, September 5, 2013

The Self-Employed / Independent Contractor Economy

On Labor Day I was listening to the Diane Rehm show on NPR and heard a speaker mention that 1/3 of the US labor force are freelance / self-employed / independent contractors. The speaker expects that number to rise over the coming two decades.

33%. Between 10 and 42 million.

In my experience, it's closer to 95% in the massage therapy profession, at least here in DC.

We aren't unique. We aren't unusual. Heck, we're cutting edge!  :)

But our economy has not yet caught up to that reality. Too many benefits, too many tax laws, too many expectations are still wrapped around the idea that the vast majority of the workforce is a standard employee / standard employer (and that we're 9-5 but that's a conversation for a different day).

You can listen to the 50-minute show here. There's a lot of good info in there about how to do well for yourself as a freelancer / independent contractor / self-employed person.

You may also want to check out The Freelancers Union. It's a gathering place for the self-employed with information on things like buying your own insurance and writing a good contract.

1 comment:

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