Originally a career path for those who were rendered unemployed by economic pressures and changes in the industry, the gig economy has become the chosen path for as many as 5 million workers in the UK alone… And it’s on the rise!
Not only does the freelance economy provide an estimated £30 billion a year in “added value” to UK gross domestic product, IPSE says, it has contributed to much of the growth in employment in recent years, with the latest labour force figures from the Office for National Statistics showing a record 4.63 million people – one in seven of the workforce – are self-employed.
So how has this on-demand economy changed the working landscape? Freelancers are also becoming masters of their own job preferences, functioning as professionals rather than workers tied down to a company’s policy, culture or singular direction. Check out the rest of this infographic to find out how freelancers are making a change in the economy.
This infographic was originally posted by On Stride Financial.