The Growth of Freelance Hiring: Statistics and Trends

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The freelance workforce is rapidly growing. According to a study by Upwork and the Freelancers Union, 56.7 million Americans, or 36% of the workforce, are freelancers.

The freelance economy is expected to continue growing in the coming years. A study by Intuit predicts that by 2020, freelance workers will make up more than 40% of the workforce.

Freelance work can be found in many industries, with some of the most popular fields being technology, design, writing, and marketing.

Companies of all sizes are turning to freelance talent to fill key roles. A study by Deloitte found that 72% of large companies are using freelance talent, while a study by Upwork found that 60% of small businesses are doing the same.

Freelance recruitment can provide cost savings for companies. A study by McKinsey found that companies can save 20-30% on labor costs by using freelance talent.

Freelancers are highly skilled and educated. A study by Upwork found that 63% of freelancers have a college degree, while 42% have a graduate-level degree.

Companies are increasingly using online platforms to find and hire freelance talent. A study by the Freelancers Union found that 71% of freelancers find work through online platforms.

Companies are also using freelance talent for long-term projects, not just short-term gigs. A study by Deloitte found that 63% of companies are using freelance talent for more than 6 months.

The freelance workforce is diverse, with freelancers coming from many different backgrounds and industries. A study by Upwork found that 39% of freelancers have worked in a traditional 9-to-5 job before, while 61% have not.

Companies are recognizing the benefits of freelance recruitment, with many planning to increase their use of freelance talent in the future. A study by Deloitte found that 80% of companies plan to increase their use of freelance talent in the next five years.

Picture of <h2 style="margin-top:-15px!important; color:#F58D00;font-weight:600;font-size:22px;">About The Author</h2><b style="margin-bottom:5px!important;display:block;font-size:24px;font-weight:600;">Yatin Jain</b>

About The Author

Yatin Jain

Yatin is a Principal Consultant at Jivaso, bringing over 15 years of expertise in implementing ERP solutions for businesses across Canada and USA. As a technology evangelist, Yatin is driven by the mission to democratize access to advanced tools once reserved for large enterprises, empowering small businesses to thrive. He is an avid writer on strategies to streamline operations, boost productivity, and accelerate growth for small businesses and startups. Yatin is also dedicated to mentoring young entrepreneurs, offering guidance on product development, community building, strategic partnerships, marketing, and securing funding.

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