The U.K's unemployment rate has fallen to 6.9%. This is the lowest level in 5 years.
A big part of the decline is due to the growth of self-employment.
According to government figures, the number of self-employed workers has increased by more than 600,000 since 2010, accounting for more than a third of the 1.5 million new jobs created since 2010.
Because of this surge about 4.5 million Britons are currently self-employed. This is just under 17% of the U.K. workforce.
Much like U.S. independent workers, the self-employed in the U.K are mostly satisfied with their work situation.
A recent survey by the Resolution Foundation found that 72 per cent of those who had become self-employed in the past five years preferred their current situation to being an employee.
These results are consistent with the U.S. survey results from the MBO Partners State of Independence study, which found the majority of U.S. independent workers are also highly satisfied being independent.
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