A study was recently released by Upwork and Freelancers Union that surveyed 6,000 American workers in order to analyze the size of the freelancer economy. This is the fourth year that this study has been conducted. The report revealed some interesting insight that we will discuss in this article.
The study estimates that 57.3 million Americans are currently freelancing; this makes up 36% of the U.S. workforce. These freelancers contribute approximately $1.4 trillion to the economy annually, an increase of almost 30% from last year.
Source: Upwork & Freelance Union
Other noteworthy findings include:
Projected Future Freelancer Size (in millions)
Source: Upwork & Freelancer Union