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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

New Study Finds Women Are Happier Working For Themselves

Time and time again business owners talk about the joys of working for themselves. Whether they left their job to pursue a passion or wanted more pay, self-employed people are generally happier with their decisions compared to those who work for others, a new study has found. Thumbtack surveyed more than 900 freelancers and business owners across various industries and found that the morale of self-employed women was much higher than general trends. About 58 percent of respondents said they felt they were less likely to experience workplace gender discrimination, while 54 percent said they were less susceptible to the gender pay gap. However, these feelings of hopefulness did not stop people from questioning female business-owners’ expertise in their fields. Women small business owners are five times more likely than men to have their expertise addressed and ten times more likely if they are in a male-dominated industry. The study also showed that over 30 percent of the women...

Apr 3, 2019