Coronavirus and Freelancing: Joining the Gig Economy is the Need of the Hour
The scope of freelancing during the COVID-19 pandemic
The emergence and spread of coronavirus has led to an increase in the unemployment rate, as millions of people are laid off their job duties temporarily and even permanently, due to the lockdown in countries around the world.
Currently, the US is facing the sharpest rise in unemployment in its history, which may further increase as the pandemic adversely affects the economic situation.
This is where freelancing becomes the need of the hour to pay the bills, as the freelance economy continues to do well despite the global health crisis.
With many companies having laid off permanent employees, the demand for remote working freelancers will see significant growth.
So, while we wait patiently at our homes, for the pandemic to subside, freelancing is an excellent option to consider and earn livelihood during the crisis.
Let’s discuss the importance of having a freelance business, or developing a side-hustle by diving deeper into the thriving freelance economy.