Small Business Labs

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The California Creative Economy

Small Business Labs

The Otis Report on the Creative Economy comes from the LA based Otis College of Art and Design.    The report covers the creative economy in California. Key quote from the report: "In certain sectors, self-employment is more common than wage and salary employment. The reason is simple.

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Use of Contract Labor by Small Businesses Continues to Grow

Small Business Labs

.  The data covers business receipts, deductions, and net income reported by taxpayers on Schedule C of tax Form 1040. This includes the vast majority of small businesses, including small businesses that report on a pass-through basis (LLC's, etc.).     In 2016 about 25.5 in 2016, up from $34.4

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Use of Contract Labor by Sole Proprietors Surging

Small Business Labs

This data covers business receipts, deductions, and net income reported by individual taxpayers on Schedule C of Form 1040. This is how most independent workers and small businesses report business income for tax purposes. In 2013 there were a bit over 24 million sole proprietors reporting about $1.34 In 2012 there were 23.5

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There are More Than 1 Million Academic Freelancers

Small Business Labs

According to The Just-In-Time Professor , a report by U.S. The report is none too positive about this shift. Key quote: The tenure-track college professor with a stable salary, firmly grounded in the middle or upper-middle class, is becoming rare. Taking It summarizes the woes of adjunct faculty.

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Schedule Control and the Independent Worker

Small Business Labs

Nearly half of the respondents in the Mom Corps survey (45 percent) said they would even be willing to relinquish some of their salaries for more flexibility. Almost 75% of independent workers report having substantial or complete schedule control (data from the MBO Partners State of Independence studies). 

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Book Review: Baby Bust

Small Business Labs

 Student debt levels for this generation are quite high and, of course, the costs of raising a child are w idely reported.   The study also found starting salary pay equity across men and women and that women don't see themselves as being at a disadvantage in the workplace. .   But the news is not all bad.

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Book Review: Raw Deal - How the Uber Economy is Screwing American Workers

Small Business Labs

They also found that 57% reported they were very satisfied with contract work. Only 45% of traditional full time employees surveyed reported they were very satisfied.    Raw Deal also ignores the advantages sharing and on-demand economy companies provide consumers.

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