Self-employment is gaining popularity, offering flexibility and job satisfaction.
As shown in this infographic from Ooma, only 10.1% of the workforce is self-employed, and these workers report lower stress levels and higher levels of fulfillment. Typical roles include farmers, artists, and property managers. Since the pandemic, self-employment has increased by 7% above pre-2020 levels, with a notable rise among women. Side hustles also play a role, with 54% of Americans earning supplemental income. Despite a 15.3% tax rate, many choose self-employment for the autonomy and work-life balance it offers.
As this trend continues, an increasing number of individuals are exploring entrepreneurship as a fulfilling career path.
Brought to you by: Ooma.ca
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