English to Lithuanian Bus/Financial Economics

A freelance economy revolves around hiring self-employed workers to undertake specific, short-term jobs in return for an agreed upon wage. These jobs typically are too small or infrequent to hire a full time employee or would be too expensive to contract out to another firm.

Freelancers are the individuals who make themselves available to be hired for such temporary work. They may find temporary work through classified ads, online, or through temporary staffing agencies. The internet has made freelancing a more attractive pursuit for many individuals in the fields of writing, journalism, design, artistic pursuits, editing, multimedia, consulting, computer programming, and many more. The freelance economy is closely related to the Peer-to-Peer (P2P) economy. However, it is not uncommon for businesses to hire freelance workers, while a P2P transaction involves individuals.