Freelance News and Small Business Information from Peopleperhour.com
Credit crunch forces middle class professionals to seek extra income
Posted by peopleperhour.com - 14/07/2008 17:42
Thousands of middle class professionals are looking to earn extra income in order to deal with the credit crunch and soaring prices.

According to figures obtained by City analysts Capital Economics, the number of people with second jobs is currently at record levels with around 1.15m people now having extra jobs. This figure represents a 5% increase since the start of the credit crunch and is the highest recorded number in the last five years.

Most people are exploiting their job skills to earn extra money; designers, programmers and sales executives are just a few examples of professionals looking to find freelance work and sell their skills to supplement their income.

One of the most popular ways of finding extra work is through specialist websites that allow users to market their skills and submit proposals for relevant projects. This allows people to offer their services remotely from the comfort of their home and do so in a way that does not interfere with their full-time job.

“We have a lot of people who say they are under-used at work and can go online and find extra to do,” said Xenios Thrasyvoulou, chief executive and founder of PeoplePerHour.com, the leading site offering freelance services in the UK.

The site currently has over 7,000 users advertising their services and Thrasyvoulou estimates it is growing at 35% a month.
  
Please Login to post your comments >>
(Not registered yet? Register now)

Posted Comments:
Amanda Amanda I    July 18, 2008 16:09

Thank goodness for People per hour where freelancers can look for extra Jobs UK incomes are fast falling way behind rpi and inflation so the extra money is helpful
Please Login to post your comments >>
(Not registered yet? Register now)
Get Started Now! FAQs  
PeoplePerHour.com enables small businesses in the UK to outsource work to freelance providers
How it Works >>
With PeoplePerHour.com you can
Hire Freelance experts
Manage projects to completion
Pay securely
 

  Search News  
Search all news stories
 
 

  News Updates By RSS  
Subscribe to Our RSS Feeds
Select your chosen web-based news reader from the list below:
Add to Google
Add To My AOL
 

  Recent News  
Smaller businesses undeterred by economic climate
Creative subjects vital for economy
Blackberry Bold enters smartphone war
Promising future for mobiles in freelance work market
London 2012 Olympics create opportunities for freelancers
More News » 
 

  News Archive  
August (9)
July (8)
June (52)
May (50)
April (52)
March (50)
February (56)
January (54)
December (43)
November (51)
October (12)
 
 

© 2007 People per Hour. Use of this Web site constitutes acceptance of the People per Hour Terms of Business, Web site Terms of Use and Privacy Statement