The amount of graduates turning to freelance work after university has more than doubled in a year, according to research from freelance website PeoplePerHour.
According to the website’s figures, the number of graduates registering as freelancers or micro-business owners has risen by 105% in the past 12 months. This could reflect the difficulty of finding a job after university; around one in five new graduates are out of work, while many take lower-skilled jobs to make ends meet.
It seems male graduates are quicker to turn to freelancing, with the sign-up rates for males up by 114% and females by 96%. The most popular skills on the website are website design and mobile app development.
Xenios Thrasyvoulou, founder and CEO of PeoplePerHour, says “We’re seeing a growing band of ambitious graduates who aren’t daunted by the prospect of venturing out on their own, and for those who do take the leap, it’s never been easier or cheaper to start a business.”