How big is freelancing industry?

What percentage of workforce is freelance?

It is projected that in 2027, 86.5 million people will be freelancing in the United States and will make up 50.9 percent of the total U.S. workforce.

How many freelancers are there in 2021?

By the year 2027, freelancers are projected to make up the majority of the workforce in the United States, with 50.9% of the working population. In fact, at the current growth rate, it’s estimated that 67.6 million Americans will be freelancing by the end of 2021. That’s 42% of the American workforce!

Is the freelance market growing?

The number of freelance workers has grown by 25% since 2009 and turns over an estimated £119bn a year, according to figures published by IPSE. … Freelancers contributed £119 billion to UK economy in 2016, up from £109 billion in 2015. Two million more people are now freelancing, representing 43% growth since 2008.

How many people are working on Freelancer?

An estimated 30 million freelancers are in it for the long-term. 31% of freelance workers are earning more than $75,000 USD a year.

How much do freelancers contribute to the economy?

Freelancers contributed $1.2 trillion amid the Covid pandemic.

What freelance jobs are most in demand?

For those of you who are interested in making a steady income or retiring early, here are the jobs that earn the most in the freelancing industry.

  1. Programming And Software Development. …
  2. Social Video Marketing. …
  3. Web Design And Development. …
  4. Content Marketing/Writing. …
  5. Graphic Design. …
  6. Copywriters. …
  7. Video Editors.
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Why is freelancing so popular?

Freelancer is another name for on-demand workers. Specialized skills and expertise, as well as cost-effectiveness, are among the top benefits of hiring freelancers. More and more workers are abandoning traditional jobs in favor of the flexibility of freelancing.

Why you want to work as a freelancer?

The most common reason for starting out as a freelancer or entrepreneur is the ability to be your own boss. No more working with control-freak management, no more being clocked in and out of the office, no more getting told off for being late—you are the master of your own ship, and that’s a great way to feel.