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As it can be seen, the top rated freelancers exceeds the number of active clients plus enterprise clients(800k)<ref>https://www.investmentwiki.org/wiki/Upwork#:~:text=At%20the%20end%20of%20Q3%202022%2C%20Upwork%20had%20818%2C000%20active%20clients%20and%20over%20300%20enterprise%20clients%5B9%5D.%20Some%20of%20its%20clients%20include%20Microsoft%2C%20Genesys%2C%20Godaddy%2C%20Corel%2C%20Coty%2C%20etc%5B10%5D.</ref>, implying that the platform has sufficient quality freelancers. | As it can be seen, the top rated freelancers exceeds the number of active clients plus enterprise clients(800k)<ref>https://www.investmentwiki.org/wiki/Upwork#:~:text=At%20the%20end%20of%20Q3%202022%2C%20Upwork%20had%20818%2C000%20active%20clients%20and%20over%20300%20enterprise%20clients%5B9%5D.%20Some%20of%20its%20clients%20include%20Microsoft%2C%20Genesys%2C%20Godaddy%2C%20Corel%2C%20Coty%2C%20etc%5B10%5D.</ref>, implying that the platform has sufficient quality freelancers. | ||
== How much do the top U.S freelancers earn in Upwork? == | |||
Revenue from U.S freelancers accounted for 25% of Upwork's total revenue in 2022. According to Upwork's Chief Economist Adam Ozimek, “One-third of U.S. freelancers on Upwork earn at least $50/hour, which would put them in the top 10% of U.S. wage earners overall.”<ref>https://www.cnbc.com/2019/08/21/high-paying-jobs-for-independent-freelance-workers.html#:~:text=%E2%80%9COne%2Dthird%20of%20U.S.%20freelancers,from%20January%20to%20June%202019.</ref> That means during layoffs at least one-third of Upwork's U.S freelancers will likely be affected. | |||
== References == | == References == |