Thanks to the Freelancers Union, Mayor Bloomberg is laying the groundwork for a safety net for freelancers, who make up 15% of the workforce in New York City. Together they are developing workspace and a federal unemployment benefit for independent workers who lose all their clients. The proposed benefit could allow freelancers to pay pre-tax dollars into a fund they can draw upon when not working.
Federal legislation would be required, but this seems to be a promising step for freelancers.
Mayor Bloomberg said, "Freelancers, who are often middle-class entrepreneurs, have never had much political clout, and so they face some serious disadvantages when it comes to taxes and benefits…I think it's time to start leveling the playing field for freelancers."
Click here for more details and to watch a clip from Bloomberg's speech.