December 21, 2014

How Freelancers Are Transforming the Labor Market

Freelancers UnionMay 3 (Bloomberg) — Sara Horowitz, Executive Director at Freelancers Union, discusses the changing nature of permanent work. She speaks on Bloomberg Television’s “Bloomberg Surveillance.” (Source: Bloomberg).

 

 

 

Be Sociable, Share!

Comments

  1. Jerri Adler says:

    Thanks for that video, Stacey. I really don’t think people realize that a full 1/3rd for American workers are now freelancers! I know I didn’t realize that. And the implications for things like taxes and health insurance are huge. In other words, the employers are getting away scot-free! The freelancers pay what would normally be the employer’s share of the social security taxes (about 7%, right?) – iow, the worker nows pays the full amount in “self-employment” taxes. PLUS, they pay their own health insurance. Even after Obamacare kicks in, that’s not gonna be cheap at all – until you are a minimum wage worker who qualifies for Medicaid.
    Right?

  2. Thank you, Jerri. There is a great deal to consider before you launch and while you operate a freelance business. This is why it is so important to be a part of organizations like Freelancers Union that keep abreast of the myriad and constantly changing developments that impact the business and lives of freelancers and smalll business owners.

  3. Kaley Alex says:

    Just noticed that there was a Freelancers Union gathering in Seattle in April, sorry that I missed that. Thanks for creating awareness for resources that freelancers workers have. It’s easy to feel isolated, or that your work is somehow not “legitimate” because you work at home, with little affirmation for your skills and accomplishments.

  4. Thanks, Kaley. You are so right about the isolation factor.

  5. John Agosta says:

    I got laid off from my job several months ago and have been wondering about the freelance job market. If it’s true that freelancing is the backbone of the new labor market – well, it sounds good, but also precarious. How do guys like me, with a family and a mortgage, make that transition to freelancing? I know it’s not an easy answer, but it just seems like the economy is still built around bringing home a real paycheck.

    • If you are interested in freelancing, the best thing to do is get started and build a freelance business during the down time when you are not job hunting. It’s easiest when you freelance in industry with which you are already familiar and where you already have contacts. Take a part-time job in the field in which you would like to freelance. Many employers are eager to hire people willing to work part-time, as it’s less expensive on so many levels for them. Begin networking via the less expensvie networking groups in meetup.com. If you do so consistently and are in a viable field, business will begin to pick up.

      Good luck.

  6. P Yarbrough says:

    That’a a great video. Working on a cash basis is a huge shift from what has become traditionally accepted as “employment.” And the fact that it’s formerly straightforward middle class workers who are shifting to this is amazing really. I know the businesses come out ahead by not having to pay for health care and all that — but it seems they also can end up in trouble because of the lack of worker commitment.

Leave a Reply