Insights
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Historically, pursuing a career as an independent professional has been a big draw for women. In 2018, nearly 20 million—47%—of independent workers were women. Working independently provides the flexibility to work your own hours, pursue projects you’re passionate about, and freedom to learn new skills, all of which are big draws for women. But the…
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Our 2020 State of Independence in America research explores the cyclical and structural forces that have contributed to, encouraged, and shaped the American independent workforce. Despite the setback that the COVID-19 pandemic had on all workers in the US economy in 2020, we anticipate a strong future of independent work. Five years down the road,…
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2020 was a challenging year for the American workforce at large as well as independent professionals. However, while independents were certainly impacted by the pandemic-related economic downturn, they were not affected as drastically as traditional workers. New modes of working rapidly became more acceptable, making independent work a more secure path for many workers than…
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The independent workforce of 2020 consists of 38.2 million Americans of all ages, skills, and income levels working as consultants, freelancers, contractors, solopreneurs, microbusiness owners, and temporary or on-call workers. Our 10th annual State of Independence in America Report is the longest-running, comprehensive look at this workforce, and finds that independents are a skilled, enduring,…
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Many people today are pursuing independent work—freelancing, self-employment, and independent contracting—to develop their careers, build businesses, or pursue what they are passionate about. There are certainly many benefits to working independently, but one question that often arises is whether or not pursuing this do-it-yourself career track helps or hinders an individual’s ability to reach financial…
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Learn about the preferences and trends impacting today’s most in-demand independent professionals, and implications for your independent workforce strategy.
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INDEPENDENT PROFESSIONALS FEEL MORE FINANCIALLY SECURE THAN EVER, ACCORDING TO MBO’S 2019 STATE OF INDEPENDENCE REPORT Independent Millennials Report Confidence in Career Path, Continue Growing as an Economic Powerhouse HERNDON, VA. – June 18, 2019 – As the U.S. economy continues to grow, the independent workforce is happy, financially secure and maturing, according to MBO…
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Today’s independent workforce is strong and confident, finds MBO Partners’ 9th annual State of Independence in America Report, the longest-running, comprehensive look at the independent workforce. Independents—the 41 million adult Americans who work as consultants, freelancers, contractors, temporary, or on-call workers—are a powerful economic force, generating $1.28 trillion of revenue for the U.S. economy last…
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Today, 3.3 million independent workers earn more than $100,000 annually. Since MBO Partners began tracking the size and makeup of the independent workforce in 2011, this high-earning population has grown more than 70%, and it has become obvious that as enterprise needs for independent talent grow, those with in-demand skills are going and staying independent in…
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If you’ve ever aspired to travel the world without quitting your job, know that you’re in good company. According to new estimates from MBO Partners’ 2018 State of Independence in America research, 17 million independent workers aspire to someday become digital nomads, a term referencing workers who embrace a location-independent, technology-enabled lifestyle that allows them to travel…
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