Feeds

Work drying up for IT freelancers

One in four PCG members out of work

  • alert
  • submit to reddit

Top three mobile application threats

The government has been urged to do more for independent freelancers after an industry trade body revealed a quarter of its members are out of work, with many more struggling to make a profit.

A survey by the Professional Contractors Group (PCG) found one in four of its members had no current job, while 54 per cent admitted to suffered a drop in earnings over the past year compared to the previous 12 months.

Of the study’s 1,800 freelancer respondents, over half felt prospects for the rest of 2003 would be particularly gloomy, with many predicting a fall in profits after tax.

Over 70 per cent of those quizzed said they had been freelancing for more than five years, with a quarter having worked for themselves for over a decade, indicated even freelancers with vast experience had been badly affected by the downturn.

Nearly nine out of ten of those in employment said they operated as a limited company with no more than one or two employees.

Simon Griffiths, chairman of the PCG, said the government should take action on several issues his organisation had campaigned on to boost the freelance sector.

“This vindicates the views we have consistently put forward to the government, and in our recent submission to the All Party Parliamentary Small Business Group, regarding the scale of the lack of work within the freelancer community.

“Clearly, our persistent lobbying with regard to Fast Track Visas, work permits and the skills shortage list has been entirely justified.”

Griffiths said the high proportion of experienced freelancers facing difficulties was particularly worrying.

“We’re talking about the majority of freelancers surveyed having been established for a long time, which makes the proportion not in contract all the more disturbing.”

© Startups.co.uk is the biggest independent small business site in the UK. It has more than 2500 articles covering everything from taking on staff to dealing with VAT.

Related stories

Is this contract a robust defence against IR35?
IT subbies out of work and out for the count
New PCG boss predicts doom and gloom in IT sector
Barclays, GlaxoSmith Kline slash IT contractor rates

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.