Free-Lance Economy Continues Upward Climb

Moonlighting used to be a term that described a minority of people. If you moonlighted, you were supplementing your income. You either did it for extra cash or because you had to just to pay the bills. The freelance economy and the growth of the personal transportation industry alone have made many of us moonlighters and freelancers according to the latest Nonemployer Statistics released last month by U.S. Census.Gross receipts for transportation industries with NAICS codes of 4853 and 4859 have increased over 86% over the past four years. In spite of the economic boom we are in and low unemployment, these industries continued to show over 20% growth in gross business receipts from 2015 to 2016. The counties shown below in blue have receipts growth over four years of above 50% in these industries.

 

 

 

The Census defines a nonemployer business as one that has no paid employees, has annual business receipts of $1,000 or more ($1 or more in the construction industries), and is subject to federal income taxes. Most nonemployers are self-employed individuals operating very small unincorporated businesses, which may or may not be the owner’s principal source of income. Nonemployer statistics originate from Internal Revenue Service tax return information. This data is the companion to the County Business Patterns which covers employer businesses. In addition to the boom in the transportation industries, there has been steady upward growth in healthcare support and educational services. Interestingly, construction freelancing has leveled off with meaningful growth in employer payroll.

Share This Story

Similar Posts

  • Healthcare Rankings and the Healthiest Cities

    We in the U.S. love our rankings. I think it is embedded in our DNA. As a student of data, I love to see the various rankings and how people get worked up over them. Healthgrades recently released its latest analysis of top quality hospitals and its National Health Index, which…

  • Regional Variations in Opioid Prescribing Rates

    Given the state of the opioid crisis, any meaningful data is valuable. So when CMS released three years of Opioid Part D prescription data in November, we all rejoiced. CMS also released a mapping tool to analyze the data. While mapping tools can be effective, they can also get in…

  • CMS Releases 2016 Opioid Prescription Data

    This week, CMS released 2016 Opioid Part D Prescribing Rates data which follows on the heels of the original release several months ago. This data release includes Opioid prescriber, claims, and extended release claims at the national, state, county, and zip code level. We have updated our Opioid Prescribing Rates…

  • Hot Jobs, Growing Wages, and Weird Titles

    I love looking at the Bureau of Labor Statistics Occupational Employment Statistics data. This data produces employment and wage estimates annually for over 800 occupations and estimates for states and metropolitan areas. I especially enjoy looking at this data from both a job growth and a wage growth perspective. That…

  • College Building Boom Approaches $1 Trillion

    Postsecondary institutions continue to invest heavily in capital assets and the cumulative investment across public and private institutions has crossed $900 billion, an increase of 27% over a five-year period. The capital investment growth rates are almost identical for both public institutions and private non-profit institutions as noted in the…

  • Is Bureau of Labor Statistics Data Adequate?

    Several weeks ago, the Bureau of Labor Statistics (BLS) released updated Occupational Employment Statistics (OES) survey data. BLS OES is one of those foundational programs and datasets that are used for comprehensive occupational analysis. It produces employment and wage compensation estimates annually for nearly 800 occupations. These estimates are available…