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The primary concern with nine-to-five jobs lies in their inherent risk. When laid off from a full-time position, individuals face a total loss of income, which can be devastating. As layoffs have surged in recent times—impacting even those with impressive track records—the security of traditional roles is increasingly called into question.
On the other hand, freelancers typically work with a diverse roster of clients. This diversity helps mitigate the financial fallout from losing one client; rather than losing their entire income, freelancers can recover more quickly by securing new contracts. Thus, the risk associated with freelance work is significantly lower than that of traditional employment.