Philadelphia, PA– April 7, 2009

Continuing Rise in Unemployment Causing
More People to Pursue Freelancing & Contract Work

MEDIA CONTACTS:
Joe Kran
President
OI Partners-Gateway International (Philadelphia)
1500 Market Street
12th Floor, East Tower
Philadelphia, PA 19102
Phone: 800-376-8176
E-mail: jkran@oipartners.net

OR

Sal Vittolino
Phone: (610) 359-8773
E-mails: sal@salvitt.com
             sal.vittolino@gmail.com

With both the unemployment rate and the number of unemployed continuing to increase, more people are turning to contract work, freelancing, and consulting - at least until they can find a more permanent position, and especially if they are older, according to OI Partners-Gateway International (Philadelphia), a global career transition and coaching firm.

The unemployment rate now stands at 8.5 percent, with 13.2 million people unemployed. Nationwide, there are only about 3 million new jobs available. That is an average of more than four applicants for every job opening - twice as many applicants per job opening than when the recession began in December 2007, according to the U.S. Department of Labor.

"Instead of trying to get hired for scarce full-time jobs at the present, more people are pursuing alternative ways to make a living and pay the bills," according to Joe Kran, President of OI Partners-Gateway International (Philadelphia) (www.oipartners.net).

"Consulting, contract work, and freelancing are especially popular among professionals who can work out of their homes, requiring modest start-up money. They can sometimes acquire former employers as their new clients. Many people ages 50 and up who have been laid off before, and are having a more difficult time finding employment, are exploring various ways to become their own bosses," Kran added.

OI Partners-Gateway International offers the following tips to people thinking about exploring contract work, consulting, or freelancing arrangements:

- Reach out to those who know your work best, and inform them about your new self-employment enterprise. Prime targets would include your former employers, particularly your most recent company, and networking contacts.

- Try to specialize in a few subject areas. Choose subjects that you know best and can successfully compete for business in.

- Assemble a portfolio showcasing your talents and experience. Customize the portfolio to highlight your relevant experience within the same industry and/or with the same type of company as each business prospect you contact.

- Find out what the prevailing hourly or project rate is in your area for your type of work, and undercut it if you can. Choose an hourly rate or project cost that will enable you to be profitable. But you also want to ensure that you get in the door and start doing business with your target.

- Before spending money on advertising or direct marketing, use social networking websites such as LinkedIn, Facebook, Twitter, and others to announce your new venture. Also spread the word via e-mails and text messages to your networking contacts, former colleagues, friends, and family.

- Volunteer your services to a nonprofit, civic, or religious group to make business contacts and promote your enterprise.

- Build a website that will give you an Internet presence. Don't expect to initially get much business from the Internet, but refer potential clients to your website for more information about what you do.

- Closely investigate and comply with all applicable local, state, and federal permit, license, and tax rules and laws. Hire legal and accounting professionals to ensure compliance with these if needed.

- Take a part-time job during non-business hours, if necessary, until your self-employment arrangement is generating sufficient income.

About OI Partners

OI Partners is the talent management and leadership solutions firm that provides a better human experience for a better business outcome. Established in 1987, OI Partners Inc. is a corporation of leading career consulting, executive development, leadership development, and outplacement professionals located in more than 200 locally-owned offices in 27 countries. For more information, please visit www.oipartners.net or call 800-232-5285.

Staff Review by: Joseph (Joe) Kran, Lawrence (Larry) Maglin and Rick Spann