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Why Freelancers are Recession-Proof
And how to turn uncertainty to your favor
As we stare down the barrel of another recession, I am incredibly grateful that I work for myself.
When you work for other people, you put your life in their hands. When you lose your job, you lose your only source of income, your benefits, and your livelihood. Freelancers are naturally more resilient than the average 9–5 employee because we’ve built flexible, decentralized business models that mean we never rely on income from just one source; we have decreased our dependence on the opinions and control of others.
On top of all the reasons freelancing is more secure than a 9–5 job, freelancers are better positioned to find work in a recession economy.
Hiring freezes don’t mean that the work stops; it just means that there are fewer people to do it. Companies are turning to freelance talent to fill this gap.
A recent study by Upwork found that a majority (56%) of hiring managers that engage independent talent say they have increased utilization of independent talent over the past 12 months. And 58% plan to increase the utilization of independent talent over the next six months and the next two years (66%).
Freelancer.com reported that job postings for software developers increased by 54.7%, and coders increased by…
