Freelancing stats, economy and Upwork report

 


According to the Upwork report, about 59 million Americans are doing freelancing which is almost 40% of the total US workforce. The professional freelancers are earning about $80,000 annually, offering different skillsets.

There is strong change in the job market of America because in the condition od pandemic about 4 million Americans ‘ve turned to the freelancing. Youngsters in the market prefer flexible work alternatives rather than choosing a full time job. Many people who work as full-time employees ‘ve laid off since the world’s economy has disturbed badly in the condition of covid-19 and also there is big lack of job opportunities.

People are struggling financially and they can’t afford their daily expenditures. Now, in this case, everyone wants a relaxing job in which he/she can work at his own time, manage his/her working hours and can take as much payment as he/she wants.

Freelancing stats, economy and upwork reports
Freelancing reports

Shares of Upwork rose by 14.5 in September, reports   S&P Global Market Intelligence.

The Upwork report. states that about 36% of freelancers are doing freelancing as a full-time job and this number has increased 8% in 2020. 75% people who have left their full time job says that they make same money or more money while doing freelancing than the traditional 9-5 job, 22% have reported that their income as a freelancer has increase every year.

In 2020, the accumulating annual earnings of the freelancers is $1.2 trillions.

So, it is so safe to say that freelancing just has advantage all around and the things like covid-19 not has a single impact on the freelancing economy rather it convince people to leave the full-time jobs and start freelancing.

If you ‘ve lost your job in the past year and not earning a meaningful amount for which you done, I prefer you to join the world of internet as a freelancer.

Share this post with your friends and also convince them to adopt a perfect profession which has only advantages all around it.

Comment below and share your views.

 

 

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