#giggers #SelfEmployed #SoloPractitioners #NonEmployerEstablishments
South Florida is loaded with “giggers.”
Atlanta, Dallas, Washington and Boston have also seen a surge.
What are “giggers?” They are one-person shops or, in bureaucratic parlance, “non-employer establishments.”
“Between 1997 and 2015, the number of non-employer establishments – that is, self-employed, freelance workers and independent contractors that aren’t often counted in traditional government measures of job growth – in the Miami area rose 142 percent,” writes Nancy Dahlberg in an article for the Miami Herald. The article was also published Dec. 25, 2017, in The Atlanta Journal-Constitution.
That growth is more than twice the national average of 58.6 percent, Dahlberg writes. The other metro areas showing growth behind Miami include Atlanta (126 percent), Dallas (95 percent), Washington, D.C. (78 percent) and Boston (31 percent), according to the article.
This trend shows that people with imagination and a marketable skill who want to work, but don’t want to be employed or are having trouble finding a traditional W-2 job, are using their skill and imagination to help others, while earning money.
The article also quotes a 2016 McKinsey Global Institute report that found about 27 percent of working-age people in the U.S. and Europe engage at least partially in independent work. It also quotes a 2016 study by the Minneapolis Fed that found the engagement at 37 percent in the U.S. alone, and government estimates show that rate could rise to 40 percent by 2020.
The 2008 recession has had lots of effects on lots of people. Some chose to continue to look for new jobs, with varied success. One should consider himself or herself incredibly fortunate if he or she had lost a good job, but subsequently found a better one. For many, if they have found new work at all, it pays less than they were making before. Therefore, a lifestyle adjustment became necessary.
But suppose you have some imagination, but don’t have a really marketable skill that you can peddle on your own? Or, what if the skills that you have are difficult, if not impossible, to ply in an independent setting?
Fortunately, there are many ways out there that you can earn a potentially significant income – perhaps even more than you’d ever earned before – without having a W-2 job or any specific skill or background. To check out one of the best, message me.
Most of us dream of working until a certain age, then perhaps concentrating on a favorite hobby or hobbies to occupy our time after working. For some, retirement came before they wanted, or were ready, and they are using their hobbies or skills as a solo practitioner.
For some, a lifestyle adjustment was required. Many of us dream of the time when we make a lifestyle adjustment only for the better.
We are moving toward a more “you economy,” in which you call your own shots, you solve your own economic problems and you advance your lifestyle.
What if you could do all those things, and help others do the same?
What if the “you economy” were not forced upon you by necessity, but presented to you as a gift?
What if that bad situation – a job loss – became the best thing that ever happened to you?
To borrow from John Lennon, you may say you’re a dreamer, but you’re not the only one.
Peter