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Barbara Weltman

Big Ideas for Small Business, Inc.

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Portrait of America’s Freelancers and Self-employed Individuals

August 7, 2022 / By Barbara Weltman

According to a report by FlyFin, there are 59 million people working in the U.S. as freelancers or are otherwise self-employed, producing $1.3 trillion in annual earnings in 2021 ($100,000 million more than in the previous year). These individuals make up 36% of the entire labor force. Earnings vary widely by industry. Interesting facts: 28% of freelancers also have W-2 jobs, 78% work from home, 93% travel for business and 23% earn money through investments. #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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