There are several reasons why Gen Z and millennials may be turning to freelancing in greater numbers:
Flexibility: Freelancing allows individuals to have more control over their work schedule and work-life balance, which can be particularly appealing to younger generations who value flexibility.
Entrepreneurial spirit: Many Gen Z and millennials have an entrepreneurial spirit and are interested in starting their own businesses or working on their own terms. Freelancing can provide an opportunity to do this without the risk and commitment of starting a full-fledged business.
Technology: The proliferation of technology and the rise of the gig economy have made it easier than ever for individuals to find freelance work and manage their own businesses.
Unemployment: High unemployment rates, particularly during the COVID-19 pandemic, may have also contributed to the increase in freelancing, as individuals may be turning to freelance work as a way to make ends meet.
Career development: Freelancing can also provide an opportunity for individuals to build their skills, gain experience, and make connections in their industry, which can be beneficial for career development.
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