Economic Cycles and Budget Constraints

Economic downturns and periods of financial instability impact freelance rates across the board. Companies might cut down on external hiring or reduce budgets for freelance projects, affecting freelancers' ability to negotiate higher rates. Women in tech, like their male counterparts, must adapt to these market trends by possibly accepting lower rates or diversifying their skills to stay in demand.

Economic downturns and periods of financial instability impact freelance rates across the board. Companies might cut down on external hiring or reduce budgets for freelance projects, affecting freelancers' ability to negotiate higher rates. Women in tech, like their male counterparts, must adapt to these market trends by possibly accepting lower rates or diversifying their skills to stay in demand.

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