BUSINESS: Research + Stats Workers Are Embracing Freelance Roles to Combat Job Insecurity By Staff Monday, March 13, 2023 12:00 PM U.S. workers are feeling less secure in their jobs, leading more people to take on side hustles. A new report from Fiverr International Ltd., (NYSE: FVRR), found that workers are taking on freelance work faster than ever before. A report, published in Business Newswire, found that of 2,000 workers surveyed, 66 percent were planning to join a freelancing platform to gain additional income. “Rising costs of living, the need for flexible work-life balance, the option to work remotely—the list goes on and on as to why Americans are choosing to freelance,” said Gali Arnon, chief marketing officer for Fiverr. “We’re seeing an increase of talent registering on Fiverr in the last few months. “It would be beneficial for hiring managers to look to this growing population who wish to be their own boss and integrate their talents in copywriting, programming, AI, graphic design, translation, and more, into their full-time workforces,” Arnon said. The report also found that 53 percent of respondents felt less secure about their income than a year ago. Furthermore, 33 percent feared that if they were laid off, they would need more than a month to find a new job. Freelancing has become increasingly popular in recent years as workers find new ways to generate income and leave traditional in-office job roles. Of those surveyed, 73 percent said they were going to start or continue freelancing, while 66 percent said they will be using or continuing to use a platform to do freelancing. As Americans try to stem the tide of rising living costs, 29 percent of those surveyed said they were going to ask their boss for a raise, while 34 percent said they were going to have to tap into savings.Fifty-six percent of respondents say they plan on earning more in 2023, that's up from 53 percent in 2022. In addition, 41 percent say they want to invest in 2023, up from 38 percent in 2022. Of those surveyed, 38 percent want to make a big purchase such as a house or vacation, up from 35 percent last year. According to Side Hustle Nation, most people who take on a side hustle are doing so to increase personal freedom and earn extra money to save, spend or invest. The most popular types of side hustles are online business such as blogging, podcasting, online courses, and affiliate marketing, freelancing and consulting, e-commerce and investing.