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Freelance jobs and self employment is gradually growing to take its pride of place in the general employment universe, reaching record highs for the year 2010. Mind-boggling statistics on freelance employment figures amid high on-site job losses and regular unemployment rates prove this. Since the recession in 2008, unemployment rates in the United States have risen to numbers previously unheard of, with over 15 million American citizens being out of work according to the jobs report for November 2010. Also, over 40% of this number have been unemployed for over six months running.

Despite these downturns in the regular employment industry, 2010 experienced increases in the volume of people taking up freelance jobs and setting up their own businesses; ranging from software developers to virtual assistants and content writers. As of December 2010, Freelancer.com, the largest outsourcing online market place in the world, had over 1.9 million freelance workers and independent contractors signed onto its platform, providing various services to individuals and small businesses world over. Elancer hit a milestone of over a million jobs outsourced through its platform in 2010 with a lifetime earnings for providers of well over 330 million dollars. The same goes for Suite101.com which has seen its number of writers blossom over 10,000 with most of them writing for other sites including Demand Studios, Examiner, Helium and the likes.

Why Freelance Employment is becoming the New Normal

The explosion of the internet accounts for this surge in freelance employment and it is not about to stop soon. According to the US Bureau of Labor Statistics, about 11 million workers within the territories of the United States function as freelancers. This is in addition to the multitude of freelancers across Europe, India and Africa, especially in regions where conversion of the dollar translates into a reasonable amount in the functional currency. It must be noted that the Indian community is well represented on Freelancer.com and established companies have grown out of the provision of freelance services across the Atlantic.

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