My daughter's just about finished with college and has started the job search. It's both exhilarating and frightening at the same time, of course. Yet it's yielding a few surprises: First, there actually are jobs out there. Second, they're not exactly, well, jobs.
Most of the entry-level jobs she’s running across in her field are "1099 jobs." In other words, you don’t become a full-time employee with benefits. Rather, you simply enter into a contract with your employer to provide work. Maybe you have regular hours and maybe you don’t; maybe you have a workstation and maybe you don’t. In any event, you are a contractor, not an employee -- so at the end of the year you get a 1099 form from the IRS, not a W-2.
To read the full, original article click on this link: Economic Development in the 1099 Economy
Author: William Fulton
