The Gig Economy Outpaced the Whole Economy in 2020

According to a recent infographic published by Wage, developer of a gig marketplace app, the gig economy grew by 33 percent, expanding 8.25 times faster than the U.S. economy as a whole in 2020. The stats below illustrate the overall size of the gig economy: 57.3 million people freelance in the U.S. It’s estimated that … Continue reading The Gig Economy Outpaced the Whole Economy in 2020

Thinking of Taking a Career Break? How to Prepare your Finances for What’s Next

I’ve written before about what economists are calling “The Great Resignation.” A recent Wall Street Journal article says, “Employers are seeing a wave of sabbaticals, leaves of absence and job departures this year in what’s been dubbed “The Great Resignation.” In July, 2.7% of U.S. workers left their jobs, according to the Bureau of Labor Statistics, … Continue reading Thinking of Taking a Career Break? How to Prepare your Finances for What’s Next

The Great Resignation

We’ve all had a rough year, but it looks like the 2020 pandemic lockdowns are behind us. Although many Americans are still looking for work to replace jobs and income they lost in 2020, many millions of employed workers are ready to quit. The Wall Street Journal reported that more U.S. workers are quitting their jobs … Continue reading The Great Resignation