Nowadays many people choose to be self-employed, rather than to work for a company or organisation. Why might this be the case? What could be the disadvantages of being self-employed?

In the contemporary era, numerous individuals would rather self-employ than apply for a position in an enterprise or organisation. I believe that the increasing number of bankrupted companies is definitely one of the reasons that contributed to

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phenomenon.

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, self-employment may result in people losing connections with others.

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and foremost, as countless companies collapsed after one another, the number of independent workers skyrocketed

accordingly

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. Undoubtedly, individuals who became unemployed due to the bankruptcy of their employers would decide to earn their incomes on their own,

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of relying on salaries provided by unstable firms.

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, with corporations bankrupting continuously during the Covid-19 pandemic, an enormous proportion of youngsters who lost their occupations switched to a Youtube career.

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, the self-employment rate increased significantly.

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, individuals who work independently might experience isolation from others gradually. Undeniably, people who work by themselves usually complete their jobs at home, and

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were deprived of the opportunities to socialize with colleagues in an organization.

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, a high percentage of freelance workers often ended up separated from people, due to the lack of socialization in their private working environments.

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, switching to independent working lifestyles may lead to disconnection from society, which is a disadvantage. In conclusion, I believe that the continual collapse of firms is definitely the major reason that resulted in the increased self-employment rate. Unfortunately, because of the shortage of socializing opportunities in the workplace, independent workers are likely to experience separation from others.