Gen Z Embracing Freelance Work: Study and Insights
Gen Z Freelance Work Stats
Gen Z is increasingly turning to freelance work, with over 70% considering or already freelancing. According to Fiverr's study, this generation sees freelancing as a more stable career option amid layoffs and technological advancements.
Key Findings:
- 36% view freelancing as a backup plan for job loss
- 70% are currently freelancing or planning to start
- Flexibility and work-life balance are top priorities among Gen Z workers
Financial Considerations: Freelancers should be prepared for changes in taxation, including making quarterly estimated tax payments as self-employed workers to avoid penalties.
Whether freelancing full-time or part-time, understanding the financial implications and benefits is crucial before making the transition.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.