(Newswire.net — August 17, 2018) — Whenever looking at freelance work stats, it is clear that everything is constantly going up. Ever since the year 2009, the growth seen has been constant, with the number of workers doing freelance jobs growing by around 25%. This brings in revenues of over 100 billion every single year in the UK alone. New platforms, like FiveQuidExpert are popping up and professionals from all around the world are now looking to outsource some jobs to freelancers. Why is that?
In the beginning, freelancing stood out as a way to survive following the financial crisis of 2008. Then, because of the fact that freelancing actually contributes to the economy of a country, more and more important economy parties started to be interested. On the above mentioned FiveQuidExpert platform, there are options available for numerous freelance professionals from writers to professional marketers.
Statistics do not lie:
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Over 10 million more people are now involved in freelancing and started working through such projects in the past 5 years.
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The growth of female freelancers is over 60% since 2008.
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Most freelancers are between 40 and 59, which is not what many expect.
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Over 80% growth was noticed in the number of mothers that started doing work as freelancers.
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Millennials now drive freelance growth, showing an increase of close to 70% in the age bracket between 16 and 29 years.
Huge Diversity Of Jobs
The evolution of technology is faster than what many expected. Nowadays, freelancers are quite prevalent in various sectors, ranging from artists and writers to engineering technicians. Around 15% of freelancers work in media, literary and artistic roles. The fastest growth noticed in freelance work was seen in health jobs, with an impressive 191 increase since 2008 in the UK. IT covers around 15% of the market, teaching professionals get close to 20% and management accounting is quite high, at around 25%.
Huge Geographical Coverage
Freelancing started in capitals, mainly because of the fact that it was really hard to get jobs when faced with the worldwide economic crisis. However, as people started to become aware of the advantages associated with freelancing, things did change. Nowadays, huge growth is noticed in smaller cities and towns, where the number of available jobs is highly limited. Someone that wants to do SEO work in a town where nobody has a website can actually use freelancing platforms in order to get a lot of work experience and good pay that would not be available through regular jobs at a local level.
Millennials Are On The Move
While most freelancers are older, as mentioned above, the huge growth noticed among the younger freelancers is very important in understanding what will happen in the future for the entire freelance industry. Millennials have different desires and high mobility is definitely something that is important for them. The fact that they can use freelancing to get income is highly appealing and since technology allows it, freelance work covers most industries. Millennials take full advantage of this and basically drive the industry forward.