Archive for November 2021
The Number of Digital Nomads Surged Again in 2021
The pandemic-driven seismic shift to remote led to continued strong growth in the number of American digital nomads in 2021. The 2021 State of Independence research study found that 15.5 million American workers currently describe themselves as digital nomads, increasing 42% from 2020 and 112% from the pre-pandemic year 2019 (click on the study chart below to…
Read MoreIndependent Contractor Misclassification and Compliance News November 2021
As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. OHSA Suspends Implementation of Emergency Temporary Standard The…
Read MoreUsing cryptocurrency as a digital nomad
When it comes to connecting the world transnationally, the internet is today’s undisputed hero. And in a post-pandemic reality, an increasing number of people are harnessing the power of information technology and embracing a nomadic way of working and living. Since 2019 there’s been a 112% rise in American professionals who currently work and live…
Read MoreThe Growing “Creator Economy” of the Gig Workforce is 7.1 Million, Resulting in a Broader Workforce Growth
A study by MBO Partners found that 7.1 million Americans made money in the “Creator Economy” last year. Another 3.2 million plan to become content creators over the next two years. Overall, the number of independent employees grew by 34% to over 51 million in 2021. MBO Partners found that the growth of the creator…
Read MoreEntrepreneurial Femininity and Self-Branding Among Fashion Bloggers
Indeed, the number of independent workers1 has grown explosively in recent years; in 2013, there were more than 17 million, up 10% from two years prior (MBO Partners, 2013). Labor experts project that by 2020, 45% of the US workforce will be independent (Pofeldt, 2012).
Read MoreGig Workforce’s Expanding ‘Creator Economy’ Numbers 7.1 Million, Fueling Broader Workforce Growth
An MBO Partners study found that 7.1 million Americans have earned money in the past year as part of the “creator economy.” Another 3.2 million are planning to become content creators over the next two years. Overall, the broader independent workforce grew 34% to more than 51 million in 2021. MBO Partners noted the growth…
Read MoreStudies show freelance workers value flexibility more than pay
According to MBO Partners’ 11th Annual State of Independence in America, in 2021, 17 million people worked freelance full-time, 10.2 million worked part-time and 21.9 million worked occasionally as freelancers. More than 60% said it was their decision to become freelance and their choice came from the independence that freelance work offers. Job satisfaction was…
Read MoreWhere do gig workers fit into the future of work?
Perhaps unsurprisingly, millennials are becoming more prevalent in the gig workforce. A study by MBO partners saw that 38% of the current freelance workforce is made up of millennials. With the higher degree of autonomy and power to pick the gigs you want, there is a lot that can attract younger workers to these roles, especially when…
Read MoreThe Rise of the Influencer: How the Creator Economy is Giving Entrepreneurs New Independence
When the COVID-19 pandemic hit New York City and stage performances shut down, actor Marc Winski was left without an audience to entertain. The 34-year-old actor, singer and stutter-awareness influencer was, like the rest of the world, sheltering in place. And he craved a creative outlet. So, he turned to TikTok. At first, it was…
Read MoreFirst Ever Sizing Study Reveals 7.1 Million Americans Participate in the Creator Economy, Earning Money from Platforms Like YouTube, TikTok and Instagram
-New research from MBO Partners shows that 7.1 million creators earn income from their work; the creator economy is 75% Millennial and Gen Z self-employed workers, 63% of whom work only part time in the creator space. AUSTIN, TX – November 16, 2021 –A new study from MBO Partners® shows that 2021 is the year…
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