Emergent Research for MBO Partners
First published June 2019
The MBO Partners State of Independence report presents an annual snapshot of a rapidly evolving and increasingly important component of the U.S. economy: the independent workforce. In 2019, the 9th annual report and the industry’s longest-running comprehensive study shows that the independent workforce is strong and confident.
Independents are the 41 million adult Americans of all ages, skills, and income levels—consultants, freelancers, contractors, solopreneurs, temporary, or on-call workers—who work independently to build businesses, develop their careers, pursue passions, and/or supplement their incomes. Together, they combine to make a powerful economic force. Over the past year, independent workers generated roughly $1.28 trillion of revenue for the U.S. economy—equal to about 6.2 percent of U.S. GDP (2018), or the entire economic output of Spain.