MBO State of Independence in America 2022

The latest MBO State of Independence in America 2022 report confirms that the U.S. freelance economy is growing stronger and more populous. It’s one of the few quality reports that is statistically representative and clearly distinguishes between Full-Time, Part-Time, and Occasional independents (aka freelancers). Here are some highlights:

• Nearly 20% of Full-Time independents earn more than $100,000 annually.
• As Boomers age out of the traditional workforce, many continue their careers as independents. At the same time, Millennials and Gen Z are growing sharply as a percentage of total independents and are widely interested in self-employment and entrepreneurship.
• Use of freelance platforms has been growing: 41% of independents who provide services to businesses report finding work on talent platforms in 2022, up from 15% in 2015 and just 3% in 2012.
• In 2022, 17 million American workers currently describe themselves as digital nomads, up a staggering 131% increase from the pre-pandemic year of 2019.
• The most cited challenge is not having enough predictable income (43%, down from 55% in 2012), followed by concerns about the next job/pipeline (32%).

See the full PDF report for details.

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