Coworking and the Recession

Reuters has an article on the wider appeal of coworking due to the recession.  We continue to see coworking growing through the downturn, although probably not as robustly as it would have if the economy stayed strong. 

In past recessions self-employment declined during the early stages of the recession and then picked up in the middle and later stages.  This recession appears to be following the same pattern.  And with the recession over 1 year old self-employment probably started picking up late last year and will continue to grow this year. 

The new self-employed will need places to work and network and this bodes well for coworking.

Comments

[Freeman24Lana]

It is well known that money can make people independent. But how to act if one does not have money? The one way only is to try to get the loan and secured loan.

[allison]

Coworking spaces are seeing an increase in attendance across the country. The downturn in the economy makes these spaces an attractive alternative to traditional office costs. They offer the creative & open environments that professionals in a variety of fields are looking for. Set your own hours, network, interact with others & stay connected to the community. Downtown Chattanooga has a new coworking space with Jellies held every other Friday to introduce people to coworking & to each other. For more information check out twitter.com/conciergelevel, wiki.coworking.info/CoworkingChattanooga or info@theconciergelevel.com

[Steve]

We been doing some work in this area and I hope to get around to posting on it in the next few weeks.

I did a post at US News & World Report related to this. It is at: http://preview.tinyurl.com/bd4vqd

Steve

[TJ]

I appreciate the insights you share around co-working, women work trends, and I wanted to ask you if you've covered Flexible Workforce kinds of topics. A client of mine has been helping companies of all sizes with their online scheduling requirements and I'd like to get your commentary and research around this growing trend of hiring contract, flextime workers.