The days of the traditional 9-5 office job are over for many millions as the freelance industry continues to grow in size and freelance writing positions are some of the most common of all.
But why has this rise occurred, especially over the last 5 years? Well, firstly you still have a lot of people out of work after the 2008 financial crisis and, since this major event, many have been looking for ways to make a living. Freelancing was and is an arena that anyone can explore with very low barriers to entry so it makes an ideal choice for many.
But you also have a huge surge in the importance of the online world to businesses both digital and bricks and mortar. This has meant that writers, along with designers and developers have seen more contract jobs hit the market.
Aside from those who are turning to freelancing out of need, you also have the lifestyle freelancers who have decided that enough is enough and that they want out of the corporate world.
Thanks to low cost travel and worldwide fast internet availability, many people (young professionals especially) are opting to live abroad either in one place or constantly on the move. This not only allows them to experience the world but, because many other countries have lower levels of income, they can afford to compete for more opportunities on the freelance job boards while still enjoying a certain level of comfort in their new surroundings.
It’s not all beaches and backpacking though. The data on which the infographic is based shows that 30% of all freelancers work more than 40 hours a week which is more than the average American. On the flip side, this means that 70% of freelancers must be working less than this.
Research and designed by Brian Fenwick, this infographic shows the current and potential future state of the freelancing industry. Brian was made redundant at the start of the economic crisis and has been writing every since.