Freelance Writing Rates Hit Bottom Last Year: What's Next?

Maybe the glory days of being a freelancer are, um, over. (Hey, at least it’s still impossible to be “fired” as a freelancer, right?)

James Rainey, writing in the LA Times this morning, says that freelance rates hit a bottom in 2009, but he sees no upward trend coming next.

With low rates and shrinking budgets, stories are being missed, he says: “Even those inside journalism can only guess at what stories they might have paid for, if they had more money.”

Meanwhile, old hands have watched their income drop by 50 percent or more in the past few years.

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