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📗Freelance Resource

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ArticleStatistics

Author

NJ

Published

June 23, 2022

Last updated

Mar 3, 2023 4:29 PM

☑️Key Online Freelance Statistics

• Talking about the global workforce, 35% of the global workforce are freelancers.
• This means that 1.1 billion out of 3.5 billion workers out there work as freelancers.
• The Male to Female ratio of freelancers is 65:35.
• 71% of freelancers are into freelancing because freelancing allows flexible work schedules.
• According to a Freelancer Study 2022, conducted among 2610 freelancers, top 3 reasons to become a freelancer includes independence (76%), higher income (49%) and flexible hours (47%).

Reasons To Go Freelance

• According to the same study, nearly 50% of freelancers said project acquisition is the main disadvantage of freelancing, followed by irregular income (44%) and late payments (37%).

Main Disadvantages of Freelancing

• 75% of freelancers state that they won’t trade their freelancing job for any other kind of work.
• 55% of freelancers have their full-time jobs and are freelancing alongside.

⬇️Current State of Freelancing

• From 2014 to 2019, the percentage of people working as full-time freelancers has grown from 17% to 28%.
• It is observed that many jump into freelancing with the thought of it being temporary. However, the number of people taking it up as a long-term work opportunity has grown from 18.5 million in 2014 to 28.5 million now.
• The number of freelancers in the U.S. has increased from 53 million (one-third of Americans) in 2014 to 59 million in 2020. This figure is projected to reach nearly 90 million by 2028.

Number of Freelancers in the U.S. from 2014 to 2020

• Approximately 51% of the adult workforce of the United States of America will work as freelancers in the upcoming years.
• During April and June 2020, the overall market share of freelancers has seen growth by more than 25%.
• In the UK growth of 14% has been seen in the number of people working as freelancers in the last 10 years.
• Nearly 63% of people reported they’d prefer to work as a freelancer, while 37% still prefer traditional jobs.

• 64% of people working as freelancers found work online.
• Facebook, LinkedIn and Instagram are the most preferred platforms by freelancers to promote their services.

Social Media Channels Used by Freelancers for Promotion

💰How Much Do Freelancers Make (Freelancer Income statistics)

• Approximately $1 trillion is contributed to the American economy by freelancers. Or you can say that about 5% of the total GDP of the United States of America is the contribution of freelancers.
• Globally, the average hourly rate of a freelancer is $28, compared to $19 in 2018.

The Worldwide Average Hourly Freelance Rate by Regions

• In the South America, women’s average hourly rate is higher than men’s, compared to other regions.

• As per 60% of freelancers, they make more money by freelancing than they earned from their previous jobs.
• The average hourly rate for graphic designers is $45 on Upwork.
• The Median Hourly Wage is $20 for unskilled workers and $28 for skilled workers.
• Up to $250 an hour can be earned by Freelance copywriters.

Highest Paid Freelance Jobs

• On average, a content writer can earn anywhere between $10 to $80 per hour on Upwork
• Skilled services are the most common kind of freelance work.
• More than 33% of freelancers grab a hold on jobs through referrals.
• Software engineers and coding are the two fields that are high in demand and these jobs can pay up to $1000 an hour.
• The art and design industry consists of the most number of workers as freelancers.

• Entertainment and construction fields also have the most people working as freelancers, at 55% each.
• Several freelance websites allow freelance graphic designers to earn up to $85 an hour.

👥Largest Freelance Platforms

➡️Upwork

➡️Freelancer.com

1. Freelancer.com provides more than 19,000 jobs currently.
2. There are more than 31 million users on the site.
3. More than 14,000 freelancers are available to work on the site on a daily basis.

➡️Fiverr

Freelancers: Maintaining A Balance Between Work And Life

1. 84% of freelancers say that they are satisfied with their current working position and scenario.
2. Up to 4 projects are handled at a time by 70% of freelancers.
3. A majority of Millennials (87%) stated that they prefer freelancing as it gives you the freedom to schedule on your own.
4. As per 25% of freelance workers, they find it comfortable to work from home.
5. 20% of workers in the field of freelancing say that a coworking space is preferable.
6. 2% of people working as freelancers state that it is ideal for them when they work in outdoor environments for example, as coffee shops.

Freelancing: What Does The Future Hold?

1. 90% of people living in America are willing to work as freelancers.
2. 52% of freelance workers are people between the ages of 18 to 22, and they are more likely to continue with freelancing.
3. 59% of freelancers say that they will continue to work in this way in the future.
4. Business-related training has been taken by 65% of skilled freelancers.
5. 67% of people working as freelancers expect a rise in their income in the future.
6. 48% of workers see themselves working as freelancers in the long-term.