Independent Workforce And America’s New Economy [INFOGRAPHIC]

Independent Workforce And America’s New Economy [INFOGRAPHIC]

The infographic contains data tracking the rise of the independent workforce in America and independent workers’ changing lifestyles, motivations, and satisfaction over the last five years.

Some highlights:

  • The American labor market has fundamentally transformed: over the last five years, the overall economy grew by 7%, but the independent workforce saw 12% growth, with close to 18 million full-time independent workers in 2015.
  • Growth in the independent workforce will continue: 4 in 5 independents plan on staying independent, and 1 in 7 non-independent workers plan to join the group in the coming years.
  • The independent lifestyle is better than ever: The number of top-earners making $100,000 or more as independents has ballooned 45% since 2011, and 4 in 5 independents say they are happier being independent.

Independent Workforce And America’s New Economy

Independent Workforce And America's New Economy [INFOGRAPHIC]

Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

Infographic source: MBO Partners

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