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Self-employed numbers reach record figures

 

With the new labour market figures showing employment numbers are continuing to grow, the rising number of self-employed workers has also been highlighted.

There are now 32.1 million people working in the UK, which is a rise of 94,000 just from May this year. This figure is largely made up by 70,000 self-employed workers, meaning that there is now a record 4.86 million contractors in the UK – making up 15.1% of the UK workforce.

The Association of Independent Professionals and the Self-Employed (IPSE) have responded to these latest results.

Tom Purvis, IPSE Economic Policy Adviser, commented, “Today’s employment figures show the UK labour market is going from strength to strength – in no small part because of the growing number of people taking the leap into self-employment.

“Nor is it just the self-employed in general who are driving the UK’s high employment figures – it’s particularly self-employed women. In fact, out of the 94,000 more people in work – both employed and self-employed – 78,000 are women. Self-employment is giving more and more women the chance to work flexibly, which is especially welcome to recent mothers.

“Overall, these figures show just how important the self-employed have become to our labour market. The flexibility they provide will be absolutely essential to sustaining a successful economy after Brexit.”

Lucy Smith is the Managing Director for ContractorUmbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual. Learn more about Lucy on Google.