Risk Management News

Be Your Own Boss – Why Self-Employment is More Popular Than Ever


By Jenny Holt

According to the Bureau of Labor Statistics, 15 million people in the U.S. were self-employed in 2015. That’s an increase of over one million from the previous year and represents over 10% of all U.S. workers.

Comprising the self-employed are freelancers, contractors, and temporary employees. These types of workers make up the so-called ‘gig economy,’ in which workers work where and when they want and are paid for the work they do. These workers typically do not receive benefits and do not have the job security of an employee. Still, becoming self-employed is attractive to many people ranging from young entrepreneurs to retirees and also with...

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