60 Freelance Statistics To Help You Thrive in the Gig Economy
Show savings are roaring, and aren’t expected to slow down any time soon. Instead of spending every day working on a 9-to-5 job, it is becoming more and more common to have multiple sources of income from freelance gigs. These shifts allow freelancers to have inflexible jobs, where they can work whenever and wherever they want, rather than following a tight schedule. Not to mention, freelance work offers creative freedom, the ability to choose your guests, and allows you to be your own master.
So what does the future of the freelance community look like, and what jobs can you choose that will pay you well? We’ve put together a comprehensive list of freelance stats to help you better understand what it takes to thrive on gig savings. Feel free to jump into the infographic for some quick stats.
Current State-Jobs in the US
Self-employment continues to be an important source of income for many Americans. Then are some statistics on the current tone employment status in the US to give you an idea of the direction of the trend.
- There are currently 44 million individuals who use tones in the United States.
- Sole proprietor growth has been the fastest in transportation services, similar to hacking services, with a growth rate of 722 from 2000 to 2017.
- Individuals using tone earn the highest periodic income in Northeastern states such as New Jersey, Massachusetts, and Rhode Island.
- 54 people employed by tone also work in traditional jobs.
- In 2017, 17 adults in the United States were engaged in tone-intensive work, which is an increase from the lower than 10 normal in the early 1980s.
- The 28 tone-employed workers in the US are reported to have multi-tasked at some point in a given week to generate excessive income.
- A large number of people hired by tone do so out of a desire — not a compulsion — to condense their primary source of income.
- The number of people who consider freelancing as a long-term career option increased from 18.5 million to 28.5 million between 2014 and 2019.
- Tone workers are less satisfied with the stability and acumen of their job compared to traditional workers.
- The duty rate for tone-employed workers in the US is at 15.3.
- 57 sole proprietors work in these five sectors professional services, certain forms and services, construction, retail trade, and executive services.
- 23 of those who use the digital gig platform to search for job openings are undergraduates.
- The average individual tone worker made a normal periodic profit of $34,751 in 2017, compared to a traditional worker who made about $40,800.
- More than 50 groups in the United States are expected to be freelancers by the end of 2027.
- Nearly a tenth of Americans last time a plutocrat used a digital platform to do gig work.
- The US freelance pool has grown 3 times faster than the overall US pool since 2014.
- About 2 Americans have made plutocrats driving for rideshare services like Uber and Lyft.
- Americans younger than 50 and those with higher incomes and education are more likely to become online merchants.
- 53 American independent workers are men.
Gig Economic Stats and Trends To Know
Freelancers mainly earn their big income by working for multiple companies doing gigs or jobs, rather than committing to work for one company. This allows freelancers to attract many previous guests and work from multiple locations. What is the data about freelance like? Then are the freelance statistics you need to know.
- 50 freelancers provide most of the similarly espoused services such as computer programming, IT and business consulting.
21.80 of the big pots plan to increase their use of flexible workers in the future.
- In Deloitte’s Global Human Capital Trends newsletter, more than 33 companies surveyed reported a significant use of gig workers.
- For gig workers between the ages of 18 and 34, half consider gig work as their main source of income.
- 1 in 6 traditional workers would like to be the main independent breadwinner.
- In Deloitte’s most recent millennium study, more than 64 full-time workers surveyed said they wanted to do a side job to generate an excessive income.
- 46 of the US freelancers say their current work style gives them the inflexibility they seek.
- Independent workers continually report that they are significantly healthier and more satisfied working for themselves.
- There are about 170 gig workers in the US. which mainly employs remote workers.
- Approximately 9 of US freelancers use on-demand savings platforms such as Freelancer or Upwork to search for job openings.
- Freelancers who account for substantially the income they earn from gigs are also more likely to conclude for jobs that involve physical exertion than remote online assignments.
- The average age of casual workers is 40 times, younger than traditional workers who are 42 years old on average.
- 26 gig platform drug addicts consider themselves service workers they use to find job vacancies, while 68 consider themselves as independent contractor workers.
- 46 freelancers said they were unable to have a traditional 9-to-5 job due to certain circumstances.
Freelance Job Market Shot
- Among the total group of freelancers, 30 sell unskilled services, 26 sell goods, and 26 provide other services.
- There are more than 1.1 billion freelancers worldwide out of the 3.2 billion total aggregate population.
- 80 freelancers work on up to three systems simultaneously.
- 83 full-time freelancers have health insurance.
- Freelancers spent more than 1 billion total hours a week working in 2018, more than 998 million hours in 2015.
- TheU.S. has the fastest growing freelance demand in the world, with 78 monthly revenue growth.
40.30 of Fortune 500 companies recruit through colorful freelance platforms like Upwork.
- 7 out of 10 freelancers say technology has made it easier to find gigs.
- Around 60 freelancers have attended business-related training every six months to apply their expertise in their field.
- 98 remote workers want to work forever for the rest of their careers.
- Stylized countries for freelance are US, UK, Brazil, Pakistan, Ukraine, Philippines, India, Bangladesh, Russia and Serbia.
- About half of freelancers work 30 to 50 hours per week.
- Full-time freelancers say the style effect on tone work is being inflexible (77), having no masters (77), and working wherever they like.
- US gross volume savings gigs are anticipated to reach $455 billion by 2023.
- According to the Bureau of Labor Statistics, only 17 of US freelancers are African-American, 16.4 are Hispanic, and 5.8 are Asian.
- Around 52 freelancers worldwide have lost their jobs due to the coronavirus epidemic.
- The number of gig workers over 65 years old rose from 8.5 to 14.1 between 2005 and 2017.
- 92 freelancers anticipate their job vacancies to continue to increase in the future.
Freelance Statistics Regarding Income and Costs
- US freelancers earned nearly $1 trillion in 2018, which is 5 of the US total. GDP.
- Some 36 freelancers now earn more than $75,000 each time.
- Freelancers around the world earn a normal $19 per hour.
- The average periodic pay of a freelancer with at least 3 times experience is around $70,000.
- 53 freelancers claim that cost is the main hedge to raise their professional level.
- 60 freelancers say they earn more than working as traditional workers.
- Among US freelancers, 50 say there is no quantum plutocrat that would make them want to do traditional work again.
- 6 out of 10 freelancers will move to a different major city for a break on duty for less than $5,000.
- Only 17 independent workers using the on-demand platform for job openings earned $75,000 or more, with 56 earning $40,000 or less, and 36 workers reporting earnings of $25,000 or less.
Is Freelancing the Future?
Freelancing is a flexible opportunity that allows you to work from anywhere in the world, which makes it a tempting job prospect for many. Many workers are turning to remote work vacancies during COVID-19; since then, more than 65 people have reported wanting to become a full-time remote worker post-pandemic.
However, not all persistence allows for this endless shift in remote work, which has prompted many workers to turn to freelance work. This, coupled with the number of workers who lost their jobs during the epidemic, created the prosperity of freelancers. In fact, at a gigantic rate that continues to grow each time, more than 50 pools are expected to be in freelance positions by 2028.
How Important Is Freelancer Job?
It is clear that freelancing has become a popular choice for those who want to take control of their work and career. However, with that freedom comes the reality of making a living as a freelancer, which can change. The median pay for freelancers in the US is $63,448, according to the latest freelancer statistics by ZipRecruiter.
It’s important to note that this is much more advanced than usual for most other countries, and not everyone will make this type of freelance plutocrat. The take-home factual figures may differ depending on the billing system, persistence and quantum of experience the freelancer has.
Social Media Specialists
are demanded more than ever in the world of social marketing. Social media specialists handle a variety of similar tasks such as content planning, content logging, and social media operations. You need to have a good clue about up-to-date and suitable social media ways to write engaging text or content that will attract followers. The median payout for this section is $45,631.
Search Engine Optimization (SEO) specialists work to optimize their customers’ content and help them reach the top search results on YouTube, Google, or any other searchable platform. This is a really lucrative niche as businesses need this advanced ranking spot for greater interest returns. The median payout for this section is $59,871.
A freelance web developer works with guests to plan, produce, and organize a web runner. This task requires knowledge of web design, rendering and stoner experience in order to thrive. It’s important to pay attention to design, understand the introductory principles of SEO, and have the know-how to produce on a colorful platform. The average periodic payout for this section is $77,200.
A copywriter is a great choice if you want to earn high income. As a copywriter, you will write with colorful motifs in varying diligence, depending on the needs of your customers. This may include blog content, website runners, social media posts, offer scripts, marketing giant submissions, and so on. Part of copywriting style is that anyone can start with this diligence and finish. The median periodic payout for this section is $67,120.
Everyone needs to sell their product or service, making offers one of the most sought after things at all times. Luckily, you can make donations, phone calls, and email guests from anywhere in the world. You need to be comfortable and confident with cold calling and resistance to thrive in this area. The average periodic payout for this section is $45,750.
How to Stand Out and Become a Plutocrat in the Freelance Market
With the number of freelancers continuing to grow as more and more people continue to leave their regular 9-to-5 jobs, competition is on the rise. You have to make yourself stand out among your competitors to attract more guests by investing in your business. However, follow these tips to build yourself up and thrive on gig frugality, if you’re ready to get rich further as a freelancer.
Choose a Profitable Niche
While it is important to choose an area of work that you enjoy and are good at, choosing a profitable niche is even more important. Take the time to investigate what other people in your chosen field are charging for their work. Does this match the payout you want to get? If not, you might want to consider a different path of making plutocrats.
Produce a High-Quality Portfolio
When guests search for a service like yours, they’ll see previous work you’ve done. However, the tone, or style of your work, If you do not have an example of any quality . Implicit guests want to know they can trust you with their designs, and without any portfolio, they’re likely to turn to freelancers to come. Be sure to include examples of stylized work you’ve completed. However, make your own, If you don’t have a sample.
Define Your Followers and Refine Your Pitch
It’s important to understand your target demand. What problem are you trying to solve with your moxie? You’ll want to know the demographics and personalities of your ideal customers so you can better understand how to attract their business. Your pitch to them should be centered on solving their problems and making their lives easier, not bragging about your accomplishments or accomplishments.
Social proof is more important than ever, which is why over 84 people trust online reviews. In the morning of your freelance career, it is important to establish your credibility with good reviews. Be sure to go further with your guests to acknowledge their higher standing. When you acknowledge a great review, be sure to post it anywhere for implicit guests to see it.
Influence Your Network
As a freshman in your pursuits, it can be difficult to get many orders or first gigs. A stylish way to tackle this is to reach out to your network, either in person or through social media. Ask a musketeer, family member, or business connection if they need your services. You will most likely find many of your first guests using the connections you previously had on your network.
More people than ever are now turning to the frugal gig as a full-time job or a lucrative side job. There is no quick way to gain an edge over your challengers or stand out. However, by leveraging the right niche, managing your business costs, and properly positioning yourself with your target demand, you’re more than likely to get richer and thrive on gig savings.