Based on the surveys of more than 2,000 independent workers nationwide, the 2013 MBO Partners "State of Independence in America" research report is the third-annual. The compiled data shows the continued growth of independence and the idea that most independents chose this path because it offers greater control, flexibility and autonomy.
The 2013 State of Independence in America Report is the third installment of comprehensive research conducted by MBO Partners to show the growth of the independent workforce. Building off the data of the last two years, we are able to provide expert insight into the facts and figures that define this demographic of self-employed and self-reliant professionals. There are currently 17.7 million independent workers in the nation, a figure that is up 5% from 2012 and 10% since 2011.
This year, MBO Partners took the report even further, measuring beyond just growth to also accurately predict the impact the nearly 18 million independents have on the economy. Nearly $1.2 trillion in total income was generated by independents in 2013, up 20% from 2012. But it is more than just income; the report also explores the impact of non-payroll and contractor expenses, as well as non-traditional work contributions.
In 2013, independent contractors, freelancers, consultants, and micropreneurs saw greater rewards and fewer challenges than in the past. We predict that in 2014 these trends will continue and that the independent workforce will expand to nearly 24 million individuals by 2018.