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3/27/13

US Labor market: 40 Percent Of Americans Freelancers By 2020 According To Report By Software Company Intuit

By 2020, more than 40 percent of the American workforce, or 60 million people, will be freelancers, contractors and temp workers, according to study conducted by software company Intuit.

The entrepreneur business model will play a major role in the future workplace. The report also says that in the next seven years, the number of "small and personal businesses in the U.S. alone will increase by more than 7 million" and full-time, regular benefit jobs will be harder to find. Most of these businesses will be web or mobile-based and will work closely with a global workforce.

Also by 2020, one in six Americans will be older than 65, but they won't be "traditional" seniors as they will continue to work part or full-time.

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