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Freelancers Share Whether They're Ready for a Financial Crisis

The stark reality between the employed and self-employed is all too apparent as we all find ourselves living in the unknown. The only thing scarier than this pandemic is not knowing how you’re going to provide for yourself over the next week, let alone the next few months. We’re now seeing the detrimental effects of what COVID-19 means for our global economy and how most of all it’s impacting a very vulnerable part of our population — freelancers. In 2019, Fast Company reported that 57 million people in the U.S. worked as freelancers, making up 35 percent of the U.S. workforce. Freelancers all take a risk in their respective line of work and there’s always a gamble with having an unstable income and no employee benefits. Over the past three weeks, we’ve seen the coronavirus pandemic grow at an alarming rate, so much so that the entire world is seemingly shutting down. It started with large-scale events across all industries and quickly trickled down to closing all non-essential...

Mar 29, 2020