Great Freeze Means More Failed Startups, Fewer Job Resumes
KEY POINTS
- ā¢Economist Ege Aksu from Revelio Labs analyzed LinkedIn data from 2019 to 2025 showing hiring cooled after 2022.
- ā¢As job opportunities dipped, transitions into entrepreneurship increased, with independent contractors rising by 50% since 2019.
- ā¢Experts from Bank of America and ZipRecruiter recommended careful planning and assessing skills before pursuing self-employment.
- ā¢The continuing job market slowdown is expected to push more new graduates and workers toward starting their own businesses.
Ege Aksu from Revelio Labs cracked the code on why desperate job seekers are moonlighting as entrepreneurs during the 'Great Freeze'āa real estate-analog for the job market where no one moves. Using LinkedIn profiles from 2019 to June 2025, Aksu spotted a job cooling-off after hiring peaked in 2022, while independent contractors surged 50% per ADP Research. Pandemic hustle, remote chaos, and AI tools have made half the workforce todayās hustlers. Bank of Americaās Sharon Miller prescribes extensive business planningābecause winging it like your 2023 Zoom background won't cut it. Meanwhile, Meghan Lim warns you better break even before quitting your day job to juggle a side hustle circus.
Share the Story
The job marketās so frozen itās basically the Arctic Circle for resumes. Time to build your indie startup empire or die trying. Welcome to entrepreneurship: where desperation meets untested business plans and AI tools pretend to help.
Hiring freezes turned everyone into aspiring Elon Musksāminus the rockets and billions, plus a basement office and questionable Wi-Fi.
Who needs steady paychecks when you can endure 5am coffee crashes, client ghosting, and the thrill of bootstrapped bankruptcy?
Source: Businessinsider | Published: 11/25/2025 | Author: Madison Hoff
More Articles in Business
HPās AI Apocalypse: 6,000 Jobs Vaporized by 2028
Black Friday Deals: Bamboo Utensils vs. Lucky Charms Candle Showdown
Nvidia Claps Back at Burry: 'Your Math's as Twisted as AI Tweets'
OpenAIās 'Cameo' Cameo Ends in Judgeās Block Party
THC Seltzer CEOs Unite To Save Weed Drinks From Congressā Surprise Ax
