July 25, 2017

20 Eye Opening Facts About the Freelance Economy

Whether you call it the Freelance Economy, the Gig Economy or the Sharing Economy, the statistics keep piling up as users and businesses embrace the services of temporary contractors over traditional services or salaried workers.

The latest report from Spera reveals that previously trending gains are continuing. As they have parsed the data, some of the emergent facts may be surprising.

In the U.S., the freelance economy has been heating up for steadily for years.

  • In 2015, nearly 54 million Americans participated in some form of independent work. Spera says this represents over 33 percent of the entire U.S. workforce, and an increase of 700,000 workers year over year.
  • Within the next three to five years, about half of the working U.S. population will be taking part in the gig economy for at least some part of their income.
  • Over 10 million people — or about 1 in 12  households — do independent work for more than half of their income.

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About NGE Staff 9583 Articles
The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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