More than half of Gen Z is freelancing. Is it the right move?

More than half of Gen Z professionals are choosing freelance careers over traditional jobs, according to a recent Upwork survey. Upwork Research Institute Managing Director Kelly Monahan, PhD, joins Wealth! to discuss this figure and other trends she's seeing among the generation.

"Gen Z is really redefining what it means to have a long-term career today," Monahan says. As more individuals choose full-time freelance work, she explains that they increasingly seek control over their careers as corporate layoffs accumulate.

"What they're asking business leaders to think about is talent access over talent acquisition," She adds, explaining that Gen-Zers want agency over the projects they work on and the companies they work for. She also says many young people dislike corporate cultures, feeling they cannot be themselves.
Monahan's advice to freelancers is "making sure that you're learning and reskilling. In order to freelance, you're in control of your career. Make sure you're staying on top of the trends and continuing to skill with what's in demand today."

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