gigeconomy
The current discussion of the gig economy focuses on its negative impact, highlighting the drawbacks of independent contractor agreements and the greater uncertainty in online work. However, the gig economy can mean something else for workers approaching retirement age. The benefits of remote work, independent contractor agreements, and other informal types of employment may outweigh their disadvantages. Older workers often desire greater flexibility and autonomy. They also prefer part-time work over full-time employment. Many of those in retirement age or already retired use the gig economy t...
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Being your own boss. Making your own schedule. Taking control of your career. Those perks and others—including not worrying about being downsized by your company—drive professionals into self-employment all the time. In fact, the gig economy keeps growing year after year. How big is the gig? Pretty enormous. The month before the 2020 pandemic exploded, CNBC reported that independent contractors made up anywhere from 10% to a third of workers. Then, Covid hit, and though some freelancers lost their work, more joined into the fray of the gig economy in an attempt to recession-proof their jobs. A...
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