Freelance & Outsourcing Industry: Difference between revisions

Freelance & Outsourcing Industry (view source)

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 ==Freelace Supply==
-=== Upwork Survey 2022 ===
+=== Upwork Survey ===
+==== 2023 ====
+''The study is conducted by independent research firm Edelman Data & Intelligence. 3,000 U.S. working adults over the age of 18 were surveyed for it online between October 24, 2023 - November 9, 2023. Of those, 1,142 were freelancers and 1,858 were non-freelancers. Results were collected to ensure demographic representation in line with the United States Bureau of Labor Statistics’ 2023 Labor Force Statistics from the Current Population Survey and the American Community Survey. The study has an overall margin of error of ±1.7% at the 95% level of confidence. Freelancers: ±2.8%, Non-freelancers: ±2.2%.''
+* '''Freelancers contributed $1.27 trillion to the U.S. economy in annual earnings in 2023.''' This was a 78% increase from the estimated $715 billion to the economy in 2014, the first year of the study.<ref>https://www.upwork.com/research/freelance-forward-2023-research-report</ref>
+* '''The number of professionals freelancing increased to 64 million American'''s, or 38% of the U.S workforce, an increase of 4 million from 2022.2
+* Freelancers are 2.2 times more likely to regularly use generative AI frequently in their work: 20% of freelancers use generative AI tools on a regular basis (multiple times per week), which compares to just 9% of non-freelance professionals.
+* Nearly half of freelancers provide skilled knowledge services: 47% of all freelancers, or nearly 30 million professionals, provided knowledge services such as computer programming, marketing, IT, and business consulting in 2023.
+* A quarter of freelancers are creating influencer-style content: 23% of all freelancers, or 14.7 million professionals, created influencer content including livestream services, social media videos, images or blogs in 2023.
+* Gen Z and Millennials are the most likely to explore freelancing: In 2023, 52% of all Gen Z professionals and 44% of all Millennial professionals performed freelance work.
+* Older Americans continue to be part of the freelance market: In 2023, nearly 8.3 million professionals, or 13% of all U.S. freelancers, were aged 59 or above.
+* The future is bright, according to freelancers: Over 85% of freelancers say the best days are ahead for freelancing.
+==== 2022 ====
 ''Upwork's 2022 Freelance Forward survey, a representative study of 3,000 professionals.''<ref>https://www.upwork.com/research/freelance-forward-2022</ref>
-* Freelancers contributed $1.35 trillion to the U.S. economy in annual earnings in 2022, up $50 billion from 2021.
+* '''Freelancers contributed $1.35 trillion to the U.S. economy in annual earnings in 2022''', up $50 billion from 2021.
-* The share of professionals freelancing increased to 60 million Americans, up three percentage points from 2021 to 39%.
+* '''The share of professionals freelancing increased to 60 million American'''s, up three percentage points from 2021 to 39%.
 * Nearly three-quarters of freelancers (73%) say that perceptions of freelancing as a career are becoming more positive, up from 68% in 2021.
 * In 2022, 43% of all Gen Z professionals and 46% of all Millennial professionals performed freelance work.