The worldwide pandemic and broadening technology have prompted huge changes in the workplace in recent years. Wide-ranging layoffs, dynamic spending habits, and record-high inflation have compelled many people to take on side jobs or part-time piece work to make ends meet. Many of these adjustments, while often unexpected, have not been unwelcome. Many new “Gig workers” have increased their income with their side hustles and are enjoying the newfound freedom in their schedules. If you’re considering taking on a side job or turning a hobby into a business in the coming year, you’ll want to consider the big picture regarding the Gig Economy. Is it a good time to become an Independent Contractor?
