Global economy is still far from being stable. Often we come across the news of unemployment around the world. Nevertheless, the big IT companies and several other companies often declare to slash off its number of employees. All these things indicate that global economy is still undergoing a lot of difficulties. People often look to earn a passive income, along with his or her mainstream income. Greater earning increases the chance for enjoying better lifestyle. This is why more and more people are switching to the freelancing industry. Even companies are finding it suitable and a better economic choice to hire freelancers.
At this changing scenario, freelancer industry has shown significant growth in recent times. A job as a freelancer has become more pursuable for today’s young generation. The obvious reason behind it is the freedom of working as per your own schedule and opportunity for earning handsomely. There are prominent trends have been noted in freelance industry. What are those trends? Well, we will discuss those in the following section of the article:
- Terrific Growth in Freelance Economy
Of late, freelance economy has been noted to grow exponentially, and it seems that the growth will sustain for a long term. Freelance economy had grown by 2 billion US Dollar in last year, i.e. 2014. It has been estimated that the growth will touch 5 billion US Dollar by the end of 2018 – incredible indeed! According to some other major researches, it has been revealed that by 2020, freelancer workforce in the USA will increase by 20-25%. Thus, it would not be a mistake to say that the world is verging towards ‘Open Talent Economy’ from Open Market Economy.
- Changing Mindset of the Freelancer Worker
Even a few years earlier, freelancing was the last resort for those, who are unable to find a suitable job. So, lack of talent was quite prominent at that time in freelance industry. But, surprisingly today, experienced, competent and professional people are showing interest in joining freelancer industry. This indicates a change in mindset of the world towards the freelancing industry. As the pool of fresh talent is merging into freelancer industry, global employers are also finding this as a golden opportunity to hire competent and skilled people on their several on-going projects.
- New Breed of Skills and New Types of Jobs Are Emerging
With the emergence of new breed of skills, new types of challenging jobs are also approaching in the marketplace. Previously, freelancers had to perform some basic tasks, data entry job, writing job, simple coding jobs, etc. Now, from application development to open source website development projects – critical and complicated tasks are getting carried out with precision by freelancers.
- Freedom for Working
Day to day office work, hectic time schedule and stress of loads of works are leaving grave impacts over human bodies and minds. Working as a freelancer is more desirable these days due to freedom of setting your own schedule for working. Not just scheduling, you can wish to take assignments, as per your capabilities, without leaving immense pressure on your head. Spend more time with your family and earn handsomely – live life to its full potential!
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