Upwork: Analysis of Freelancer Success Badges: Difference between revisions

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. Clients will likely replace them with freelancers from less developed economies. Luckily, as found out above, majority of high quality freelancers do not come from U.S. This implies that freelancers from other regions have the potential to take up the work handle by U.S freelancers.