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Freelancers on the whole are an enterprising bunch

Freelancers on the whole are an enterprising bunch

Contractor accountants and other freelancers are becoming more enterprising and creating opportunities for themselves according to figures released by the CIPD.

Data from the Institute shows that an extra 350,000 jobs have been created this year and 30% of these can be attributed to the self-employed. Two thirds of these new jobs went to people in the under 35 age group and the remaining third to people over 50.

However, this job creation seems to have completely bypassed those aged between 35 and 50. The author of the report, Dr John Philpott, said that it is easy to see why many people are still unconvinced that the economy is recovering when a core element of the workforce has not benefited from the recovery in the jobs market.

Once more permanent full-time opportunities become available, the middle age group should start to feel the benefits but this could take time as growth is likely to slow down somewhat in 2011.

The government is keen to encourage people to set up their own business. Mark Prisk, the business and enterprise minister, recently laid out measures to encourage micro-lending to small enterprises and called on Brits to display their spirit of entrepreneurship.

The Enterprise Finance Guarantee Scheme is to be reformed to increase community development finance institutions access to funding. Prisk said that he wanted to encourage everybody to start their own enterprise, regardless of their previous background and CDFIs give vital support to businesses in depressed communities.

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Image: 110/365 – Private Life of a Cat by Helga Weber

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