This Specific Group of People Are Getting into the Freelance Industry

PennyGem’s Elizabeth Keatinge tells us about the latest wave of freelancers.

Transcript

00:00Hey Boomer, is that you I saw at WeWork the other day?

00:06Just maybe.

00:07According to Dow Jones, boomers make up 35% of the gig economy.

00:11Boomers may find themselves retired and bored and want part-time flexible work.

00:15Recent data from Gallup shows that those between ages 62 to 66, the years when people are most

00:20likely to start collecting Social Security, are most likely to take on a part-time or

00:25temporary position.

00:26Research from MBO Partners shows that those working in a gig economy are pretty happy.

00:31The average independent has four or more clients to diversify financial risk, and 80% of independent

00:37workers say they're happier.

00:39You may soon see even more boomers at WeWork or that coffee shop where you also sometimes

00:44work.

00:45As MarketWatch highlights, the Department of Labor says that by 2050 we will see a 75%

00:50increase in workers 65 years and older joining the workforce.