News

Majority of Workers to be Independent by 2020

A study predicts that more than half of the U.S. workforce will be independent workers by 2020.

MBO Partners, an independent contractor consulting and services firm, estimates that there are 16 million independent contractors in the U.S. today and that by 2020 this number will increase to 70 million.

The firm foresees this growth as the demand for seasoned, skilled workers increases, and professionals seek independence through social networking and cloud commuting technology that eliminate the barriers of physical location and geography.

Independent contactors include those on fixed-term contracts, independent consultants, those working through temporary agencies, workers on an on-call arrangement and those who own a business with less than five employees.

Source: http://www.staffingindustry.com/site/Research-Publications/Daily-News/Majority-of-Workers-to-Be-Independent-by-2020

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