Monday, August 17, 2009

What? I Didn't Update???

What's wrong with me. I thought I did, twice. Weird. Maybe I need to get a team together to post on this website more often.

I want to take a moment to discuss how the economy has impacted the freelancing lifestyle. I have been able to support myself for well over a year by freelancing. Essentially, I make more money than most people do for less work, but unlike full time jobs, any day I could not have work and I make no money. So while I make more per hour, I also run the risk of having no work and not making a dime. All in all, it evens out in the end.

When the economy crashed, everyone worried about whether or not I'd have any work - if people can't afford to pay for the things they need, why would they dish out money to pay high priced freelancers what they can get for free from their employees that they are already paying. This turned out not to be the case. In fact, the work seemed to increase, as layoffs left people (and companies) needing to find people to do the work for them as it was needed.

But recently that work has stalled. Why? Because all of those people that got laid off decided they no longer want to look for work. Instead, they have flooded the freelance market and are willing to make almost no money just so they can afford their bills (and because they are not sure how much their work is really worth to companies). So now, even though the economy is improving, these underbidding freelancers are actually harming the freelance economy. Essentially now, to get work, I have to get paid far less than the work is usually worth, and I STILL run the risk of not having work on any given week.

It kinda blows. I make more than enough to get by, but in a way all of these forced freelancers are lowering wages in the freelancing economy the same way people complain about migrant workers and Indian outsourcing. Hopefully the economic swing will get these people employed and things can go back to the way they were, but I won't hold my breath,

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