“Our research has several implications regarding policies that attempt to reclassify independent contractors as employees. First and foremost, if independent work extends opportunities for women who would otherwise be unable to take on employment, then such legal challenges could disproportionately affect women’s labor force participation.”
Gallup (released in 2020)
“Self-employed workers with only one job — as opposed to those juggling multiple jobs — rate their work situation higher than workers in one traditional full-time job as an employee.”
“3 in 5 freelancers say they make the same or more than they’d make working for a traditional employer.”
47% view freelancing as a long-term career
60% of freelancers say there is no amount of money that would convince them to take a traditional job
“One in 11 Americans say they want to go independent, signaling this is the new American dream.”
“Among full-time independents, the proportion saying they won’t go back to a traditional job was 61 percent in 2020, up from 53 percent in 2019.”
“Between 2011 and 2020, the proportion of independent workers saying they feel more secure working independently has soared, rising virtually every year. It started at 32 percent in 2011 and more than grew significantly to 56 percent in 2020.”
“Skilled professionals are one of the fastest-growing segments of the independent workforce, with their numbers rising in each of the past ten years. In 2011, there were 4.5 million skilled independents and in 2020 there are 7.7 million, representing a 71 percent increase.”
82% of part-time freelance contractors and 76% of full-time freelance contractors consider themselves to be free agents. Not employees.
The self-employed have a higher median net worth than others. It is more than four times that of families of workers, and twice as high as families of retirees.
“More than 90% of hiring managers see working with independent contractors as important to meeting their business goals.”
“In volatile and unpredictable business landscapes, company leaders understand the necessity of building an agile workforce. Freelance talent plays a significant role in this goal already, and their importance will only rise.”
“More than 70% of 1099-M gig workers say they are working independently by their own choice, not because they can’t find a ‘traditional’ job. Most seem happy with gig work and place a premium on flexibility as a driving motivation behind their decision, over financial security or benefits.”
“Lawmakers may view freelancing as a last resort, but 75 percent of respondents chose to freelance because they prefer it to full-time work. Additionally, a little more than half of freelancers said they have access to more professional opportunities than they would as full-timers.”
“The largest share of workers with independent contractor income are those in the top quartile of earnings.”
73% of self-employed women say they have a better work-life balance; 68% of self-employed women earn the same or more money than in a traditional job; 59% of self-employed women say they have less stress; 57% of self-employed women say they’re healthier.
“More than half of full-time independent workers say they feel more financially secure as independents than in traditional jobs, a record high. Seven in 10 full-time independents say they plan to continue their current path.”
“79 percent of independent contractors preferred their arrangement over a traditional job”
“Some media suggest that the gig economy is a large and growing segment of the U.S. labor market, revealing a marked shift in the nature of work relationships. However, there is little empirical evidence that this is the case. The few studies that have tried to infer the size of [the] gig economy consistently find this segment of the workforce is quite small.””
“Those who do independent work by choice (free agents and casual earners) report greater satisfaction with their work lives than those who do it out of necessity (the reluctants and the financially strapped). This finding holds across countries, ages, income brackets, and education levels. Free agents reported higher levels of satisfaction in multiple dimensions of their work lives than those holding traditional jobs by choice, indicating that many people value the nonmonetary aspects of working on their own terms.”
“More than 85 percent of independent contractors and the self-employed appeared content with their employment type”
We are FIGHT FOR FREELANCERS USA, a nonpartisan, grassroots coalition of independent contractors who oppose the use of the ABC Test in federal law. Join Us.