What is the impact of pandemic on freelancers?

What is the impact of pandemic on freelancers?

Are you a freelancer who came strong during the pandemic when the other employees were shaken by their pockets? If yes, then be proud of yourself as only part-timers community came financially stable.

Did you know a significant population of workers started freelancing amid the pandemic to not cut their stomachs?

“Thirty-four percent of freelancers polled started working in that capacity in early March when the coronavirus shuttered the economy. Normally, around 10 percent of freelancers begin freelancing in any six-month period, according to one of the freelance companies. But currently, 28 percent of freelancers, or about 10 percent of the U.S. labor force, have had to stop freelancing as a result of the COVID-19 crisis.”

According to these contrary statements, the share of the freelancing population has increased from 35% to 36%.

Let’s define a Freelancer first,

Freelancers can be categorized as full-time independent contractors, temp workers employed by staffing firms, gig workers, project-based workers, self-employed business owners, and people working in a mix of these areas and in traditional employment.

They can deliver groceries a few times a month or can even be a full-time accountant. And because of this diversity in the definition of freelancers, there can’t be one way by which a pandemic impacted them. Some type of freelancing services was in demand and some were considered outdated.

Many people entered the freelancing industry with the hope to recover their financial debts and also to adjust to changes.

Freelancing: a choice or necessity? With billions of full-time or permanent jobs eliminated this year, the only source of livelihood has become freelancing.

People are confused is freelancing provides flexibility or control or does it lack employment benefits? The freelancing community appeals to ages, for the youngsters, maximum are drawn to entrepreneurs, and some think as their supplement work. And the rest have stepped here as a choice of necessity.

How COVID is throwing the beam of light on the importance of the freelancing economy? The pre-COVID discussions about the freelancer’s health, income, and other employment provisions prove that the perception has been changing for a while, and the spread of the virus has highlighted the impact, freelancing has created on the economy.

When we recognize how large and varied this economy is key to understanding why some part-timers were most in demand and why others were not. Truck drivers and food delivery agents were seeing more in demand but were more exposed to health.

Ecommerce Company Such As Amazon announced to hire 100,000 workers to fill the increasing orders.

On the contrary, wedding planners or event managers were left jobless due to canceled wedding events or parties.

What’s next? You can be a full-time freelancer, but what’s next? The good news is that you can work on an hourly basis. Working on an hourly basis has its own sets of benefits-

You only have to work for a few hours a day You have the option to work with multiple employers You can earn handsomely You got to be your boss There is no fixed working schedule Sounds great! Now the next question arises where you can work on an hourly remote basis.

Yes, we have the solution! Yellow Hour is coming and will help all the remote job seekers to have the golden opportunity.

Till then, keep an eye on the further notifications from Yellow Hour

Yellow Hour: a boost to the freelancing community! Want to know more remote job opportunities at Yellow Hour? Stay tuned…

Visit our website- yellowhour.com Or contact us at- And check our social media panels- • LinkedIn: linkedin.com/company/77028450/admin • Facebook- facebook.com/yellowhour.in • Instagram- instagram.com/yellow.hour_ • Twitter- twitter.com/HourYellow

Reference- shrm.org/resourcesandtools/hr-topics/talent..