The Fact
In July 2023, 36% of independent contractors were age 55 or older. By comparison, about 22% of workers in traditional employment arrangements were in that age group.
What This Means
Older workers made up a disproportionately large share of the independent-contractor workforce compared with traditional employment.
Sources
- U.S. Bureau of Labor Statistics. “Contingent and Alternative Employment Arrangements — July 2023,” released November 8, 2024.