Following Mary Meeker's Internet Trends Report, Fred Wilson, the NYC venture capitalist, blogged about the freelance economy. Fred believes that the freelance economy is "One of the big megatrends of this century."
He said “well the statistics say that 3 to 4 out of every ten people these days are freelancers.” I thought that sounded high but after reading Mary Meeker’s Internet Trends Report, in which she says that “34 percent of the work force in the United States, 53 million people, now consider themselves independent contractors, short-term hires or other kinds of freelancers”, I think Stephen has it exactly right. Look around you on the subway, the baseball park, the movie theater, 3 to 4 out of every ten people are freelancers. That’s a big number. And its growing pretty rapidly. Younger people are more inclined to be freelancers. Older people turn to freelancing for flexibility or economic necessity. And employers are more inclined to hire freelancers as technology makes the management and compliance requirements around freelancers easier to handle.