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Number of Independent Workers in the U.S. Continues Steady Climb

The independent workforce continues to grow and mature, according to a report by MBO Partners as reported yesterday in Business Wire. The total number of self-employed Americans aged 21 and above rose to 40.9 million in 2017, up 2.8% from 2016. Independents, who now represent about 31% of the U.S. civilian labor force, are distributed across every demographic, age, gender, skill, and income group.Independents work in all segments of the U.S. workforce and are of vital importance to the economy, generating roughly $1.2 trillion of revenue for the economy, equal to about 6% of U.S. GDP.  This trend will continue to edge upward.

 

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