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The Economic Impact of Freelancing: An Emerging Source of Employment to the Educated Unemployed in Bangladesh
Jaita Bepary & Mamunur Rahman

Department of Economics, University of Barishal, Barishal, Bangladesh
Email: mamuneco151@gmail.com


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Abstract

Purpose: In this era of technological revolution, freelancing has opened new
doors of possibilities. In Bangladesh, this sector is becoming very popular day by
day. This study aims to determine the impact of freelancing on the educated
unemployed in Bangladesh.
Methodology: The results are discussed based on data from 128 individual
freelancers across several districts of Bangladesh. The data was collected through
a structured questionnaire. ANCOVA multiple regression analysis was used to
statistically analyze the research results using the statistical software EViews and
this quantitative result adds significant value to the study.
Findings: The study has identified the main determinants of freelance income in
Bangladesh. In this study, the key determinants of freelance earnings are types of
freelancers, cost of freelancing, experience and hours of spend. This research also
highlights the problems faced by freelancers in Bangladesh and explores ways to
encourage more people to take up freelancing as a profession in the future.
Practical Implications: The study focuses on real economic factors and the
important economic concept of ‘unemployment’. Besides, the study highlights
freelancing as an emerging source of earning in Bangladesh.
Value/Originality: This research will be beneficial to the freelancers of
Bangladesh as well as educated unemployed individuals who are searching for
new jobs. Besides, this paper will help the government to generate new policies to
reduce unemployment in Bangladesh.
Limitations: The research also has some limitations. This study attempts to find
ways to encourage more people to take up freelancing as a profession so that they
can contribute to reducing unemployment in Bangladesh. Future researchers can
expand on this topic and find various ways to reduce unemployment in
Bangladesh.