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When the going got tough, Freelancers got going

When the going got tough, Freelancers got going

When the going gets tough, the tough get going&hellip that is the message freelancers are sending out in the midst of the economic downturn.

A survey of over 2,000 freelancers and contractors carried out by PCG shows that 75% of those polled had been in contract for at least eleven months out of the last twelve and in a remarkable show of confidence 84% of those surveyed believed that business opportunities would stay the same or increase in the months to come.

Freelancers also showed their flexibility and adaptability by taking their abilities into the private sector when the public sector came under pressure. Since 2010 13% of respondents had moved to the private sector.

The survey also showed more than a degree of optimism on day rates with over 50% not expecting the rates to go south and looking back at the last twelve months 84% had seen their rates stay the same (51%) or be increased (33%).

John Brazier, MD of PCG commented:

“We are not at all surprised freelancers are in demand, they are the natural accelerants of the economy as UK Plc gets back on its feet. However our members report it’s been a tough road particularly those who saw local public sector work dry up and had to revise their business plans, but our members have demonstrated their adaptability by securing contracts in the private sector.”

PCG will continue its regional and national knowledge based campaigns and events with the aim of getting all of the UK’s 1.4 million freelancers into contracts.

Mr Brazier continued:

“We still live in uncertain times and government must wind up the rhetoric and start cutting red tape and regulations to enable the freelance workforce to deliver its full potential.”

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