The government estimates that roughly 31% of the American workforce are independent contractors. Meanwhile, Intuit did a study saying that 40% of the American workforce, or ~60 million people will be freelancers, contractors and temp works by 2020. Finally, six million Americans are choosing to work part time, according to the U.S. Bureau of Labor Statistics this year.
It’s clear the trend towards freelancing is on the rise thanks to technology, the Internet, declining company benefits like pensions and 401k matches, Universal Healthcare and the general desire for all mankind to be more free. 79% of independent workers say they are happier working on their own, according to the 2015 edition of the State of Independence report from MBO Partners, a business services company focussing on the self-employed.
As someone who unexpectedly consulted for the financial technology industry over the past three years thanks to my site, I strongly believe independent contractors will overtake full-time employment in the near future. Furthermore, you can actually make a lot more money as a freelancer than a full-time employee if you pack your schedule.