Three good articles last week on the economic downturn resulting in displaced workers starting businesses and freelancing.
In Hard Times, Freelancers Turn to the Web, NY Times reporter Dan Fost discusses layoffs leading to a growing number of freelance workers and the various freelance marketplaces they turn to for business. The article covers Elance, oDesk and several vertical industry sites that connect freelancers and independent workers with companies looking to hire contractors.
Weary of Looking for Work, Some Create Their Own, also from the NY Times, talks about a surge of interest in entrepreneurship due to the economic downturn.
And over at BusinessWeek, John Tozzi's After Layoffs, Starting a Business From Scratch reports on laid off workers starting small businesses.
The BusinessWeek article also has a great slide show with 29 examples of displaced workers - referred to as "rebounders" - who have started a new business.
We've posted in the past on recession leading to higher rates of small business formation.