Our website uses cookies to store information on your computer. You may delete and block all cookies from this site, but parts of the site will not work as a result. Find out more about how we use cookies.
(Do not show this message again)
Shout99 - News matters for freelancers Advert
Search Shout99 - News matters for freelancers
(Advanced Search)
   Join Shout99  About Shout99   Sitemap   Contact Shout99 21st Sep 2014
Forgot your password?
Shout99 - Freelancers, FO35, Section 660
New Users Click Here
Shout99 - Freelancers, FO35, Section 660
Shout99 - Freelancers, FO35, Section 660
Front Page
News...
Freelancers' Shop...
Ask an Expert...
Letters
Direct Contracts
Press Links
Question Time
The Clubhouse
Conference Hall...
News from Partners
Accountants

Login
Sitemap

Business Links

Shout99 - Freelancers, FO35, Section 660

Freelancers' Shop

Personal Financial Services
from ContractorFinancials

Mortgages

Pensions

ISAs

Income protection

... and more special offers for Shout99 readers in the Freelancers' Shop

Shout99 - Freelancers, FO35, Section 660
  
Shout99 - Freelancers, FO35, Section 660

News for the
Construction Industry

Hardhatter.com - News for small businesses in the construction industry

Powered by
Powered by Novacaster
Advertisement
Shout99 Jobs

Self-employment rises as fewer people leave
by Susie Hughes at 14:27 04/09/14 (News on Business)
The low 'fall-out' rate among the self-employed in a major contributor to the rise in self-employment in the country.
A report by the Office of National Statistics (ONS) found that the fall-out rate of those self-employed between 2009 and 2014 was 23 per cent - the lowest outflow for any period during the last 20 years.

The report therefore claims that the rise in self-employment can be accounted for by fewer people leaving self-employment than in the past. Some 886,000 people who were self-employed in 2009 had left by 2014, compared with 1.3 million who were self-employed in 2004 leaving by 2009.

ONS says its surveys do not ask why people are not leaving self-employment, but the fall in the outflow from self-employment could be the result of several economic and social factors which may include:

  • More people (both self-employed and employees) continuing to work beyond the state pension age, with self-employment among those aged 65 and over doubling from 241,000 in 2009 to 428,000 in 2014
  • Reduced opportunities to work as an employee at the onset of the economic downturn, limiting the opportunity for people to move from self-employment.

Construction
The rise in employment over the past six years has been predominantly among the self-employed. There were 1.1 million more workers in April-June 2014 compared with January-March 2008, among whom there were 732,000 more self-employed.

Advertisement
In total in April to June 2014 there were 4.6 million people who were self-employed, and the three top self-employment roles were in 2014 construction and building trades (167,000 people), taxi drivers and chauffeurs (166,000 people) and carpenters and joiners (144,000 people).

Self-employment is common within the construction industry, but the economic crisis hit this sector the hardest, to the extent that comparing 2014 to 2009 it had the slowest growth in self-employment compared with other major industry groups.

Over the same period the rise in self-employment was largest in professional, scientific and technical activities which include roles such as management consultancy, book-keepers, photographers and chartered accountants.

Demographics
Looking at the different parts of the country, 17 per cent of Londoners in work were self-employed, followed closely marginallly higher rate. At a local level, the area with the highest rate of self-employment was the Isle of Scilly, at 33.2 per cent, followed by the Orkney Islands at 28 per cent.

The report also looks at hours worked by the self-employed compared with employees. Just over a third of self-employed workers normally work 45 hours or more per week in 2014, compared with just under a quarter of employees.
Additionally, 12 per cent of self-employed people usually work 60 hours or more per week compared with just five per cent of employees. However, self-employed people are also more likely than employees to work short hours five per cent usually work less than eight hours per week, compared with two per cent for employees.

Europe
Across the European Union, at 15 per cent the UK had a similar proportion of its workforce in self-employment as the EU average. Greece had the highest (32 per cent) percentage of its workforce who were self-employed, a product of its large agricultural sector and the effects of tourism.

Comparing January-March 2014 with the same period in 2009, self-employment increased by around 19 per cent in the UK, equivalent to around 720,000 people. This percentage increase was the third highest in the EU, behind Slovenia and Estonia, although these countries are relatively small in comparison.

--
If you wish to comment on this article, please log in and use the Reply button below. Registering is free and easy - see 'Join Shout99'.
-
Susie Hughes Shout99 2014

View Comments (Flat Mode) Printer Version

Mail this to a friend
Self-employment rises as fewer... Susie Hughes - 4/09
    Re: Self-employment rises as f... ability - 4/09
       Re: Self-employment rises as f... brianc - 8/09
          Re: Self-employment rises as f... ability - 8/09
             Re: Self-employment rises as f... brianc - 9/09
                Re: Self-employment rises as f... ThePower - 9/09
             Re: Self-employment rises as f... Wilberforce - 12/09
          Re: Self-employment rises as f... kje99 - 11/09

Copyright 1999-2012, Shout99.com | All Rights Reserved | Legal Notice
 

Advertisements
advert
advert
advert
advert