Everyone Wants to Be Self‑Employed. A Major Study Just Exposed the Hidden Risks for Certain Work

New data shows that working for yourself can be rewarding, but it has downsides.

BY KIT EATON @KITEATON

Countless millions of people are very clear that working for themselves is much better than working for “the man,” for numerous reasons. There’s even a theory that Gen-Z workers, turned off by many restrictive workplace traditions like the 9-to-5 grind, are turning to self-employed trade work in increasing numbers. But new research reminds self-employed people that this choice doesn’t come without challenges. Though accepted wisdom says being self-employed can make you happier, data shows certain types of self-employment may be linked to negative health and financial outcomes. 

The research, part of a University of Michigan study that used archival data on around 10,000 U.S. families, shows that not all........

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