Monday, January 28, 2008

How Will a Recession Affect Freelance Writers?

This question was written about recently on He writes:

Personally, I do not know much about American economics. …. While it is hard to predict the future, a lot of so-called experts feel that a recession is on the way. Like most, this worries me for a number of different reasons.

I think Chris is Australian.

I decided to answer this question because I’m American and have been in the industry long enough to weigh in from a "Monday morning quarterback" perspective. First, a little background:

I have been in publishing since 1987, and have been freelancing since 1993. I’ve been though Black Monday (the stock market crash of 1987), the dot/com boom/bust, Desert Storm, the 9/11 tragedy, the war on Iraq and now this latest debacle crushing the American economy – the subprime mortgage crisis.

From 1996-2004, I owned an editorial staffing agency in New York City. I staffed temp, temp-to-perm and full-time positions for large companies (Random House, McGraw-Hill, etc), and small, one-person startups alike.

I write all this to say, I have seen the direct effects of a boom and a bust. And, I have heard the reason why a firm was either hiring, firing or laying off directly from Human Resource Directors.

And, you know what …

Read the rest of this article here.

Yuwanda Black, Publisher
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