The traditional work model is collapsing, with over 86 million professionals expected to freelance by 2027. Job seekers are struggling despite following advice due to systemic issues. The job market, affected by factors like AI, mass layoffs, and regulatory changes, is highly competitive and discouraging. Despite a steady unemployment rate of 4.2%, many remain long-term unemployed and feel overwhelmed by job prospects. The rise in freelancing highlights a shift away from the outdated employer/employee dynamic that no longer meets the needs of today's workforce.
The traditional idea of work is broken, leading to over half of the U.S. workforce moving toward freelancing by 2027 as traditional job searches become increasingly ineffective.
Employers and employees are waking up to the realization that the old employer/employee relationship is obsolete, as shown by the significant rise in freelance hiring and the challenges in job searching.
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