Why Self-Employment is on the Rise: Key Facts and Trends Illustrated

Why Self-Employment is on the Rise: Key Facts and Trends Illustrated

Self-employment is becoming an increasingly attractive career choice, offering flexibility, job satisfaction, and independence. While only 10.1% of the workforce is self-employed, research indicates that these individuals often experience less stress and greater job satisfaction in their work compared to traditionally employed workers. A recent report from Ooma highlights 30 key statistics about self-employment, shedding light on why more people are choosing this path. Among the most common self-employed professions are farmers and ranchers, artists, and property managers. However, self-employment takes many forms, including independent contracting, sole proprietorships, and side hustles.

Self-employment statistics illustration

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