Instead of flocking to large cities for a 9-to-5 job, people are turning to the gig economy. Here's why, according to Airtasker.
The gig economy is revolutionizing the way people work, often giving people the autonomy and flexibility to work in a way that is best for them. Recent studies have shown that by 2027, more than half of the US workforce will be freelancers. Nearly half of millennials say they currently engage in freelance work in some way, according to an Airtasker report published Tuesday.
The report surveyed nearly 950 freelancers to determine why individuals decide to freelance, along with the barriers that come with the working style. The skills most used in freelance gigs include business (40%), writing (36%), administration (25%), lifestyle (24%), tutoring (18%), and cleaning (12%), the report found.
SEE: The gig economy: An insider's guide (free PDF) (TechRepublic)
Respondents cited the following 10 factors as the top reasons they decided to freelance full time:
- More flexible schedule (Men: 74%; Women: 72%)
- Desire to work from home or outside tradition office (Men: 57%; Women: 66%)
- Be my own boss (Men: 60%; Women: 41%)
- Prefer to work independently (Men: 45%; Women: 42%)
- Make a living doing work I enjoy or am passionate about (Men: 33%; Women: 37%)
- Family obligations (Men: 17%; Women: 33%)
- Lack of local work opportunities (Men: 23%; Women: 25%)
- Disability (Men: 8%; Women: 14%)
- Education or schooling (Men: 6%; Women: 12%)
- Better pay (Men: 11%; Women: 7%)
Not all industries or job positions are conducive to a freelancing lifestyle. Some of the most difficult freelance gigs to make a living off of include entertainment (64%), building or construction (61%), gardening or landscaping (60%), and beauty or cosmetology (60%), the report found.
While the gig economy presents a variety of benefits for individuals, many barriers arise as well. Some challenges across different age generations include pay, availability, time constraints, location, and family obligations, the report added.
For advice on how to land a job in the gig economy, check out this TechRepublic article.
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