article thumbnail

Use of Contract Labor by Small Businesses Continues to Grow

Small Business Labs

billion on contract labor (freelancers, temps, etc.)   Way back in 2003, contract labor was only about 20% of the labor costs of sole proprietors. .  As the chart below shows, U.S. sole proprietors spent about $56.8 in 2016, up from $34.4 billion in 2010.   This is an increase of 65% between 2010 and 2016. 

2003 183
article thumbnail

Use of Contract Labor by Sole Proprietors Surging

Small Business Labs

.  While looking through the data we were struck by the extent of the growth in the usage of contract labor - contingent workers such as freelancers, independent contractors, temps, etc. -   by sole proprietors.  In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003

2003 100