Facts, Figures and Stats for the Modern Freelancer [Infographic]

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Freelance Economy statistics that define where the world workforce is headed in 2020.

2020 is upon us– global connectivity and cloud-based computing has changed so much about how we live and work, and trends show us that freelancing is rapidly becoming the future of the business world. Gone are the days of working from nine to five in a cradle-to-grave job. The workforce is mobilizing, employers are discovering the benefits of freelancing, and the fact is; we're going to need more coffee shops.

56.7 million Americans are doing freelance work today—up by 3.7 million since 2014. Freelance income currently makes up nearly 5% of the country's GDP (close to $1 trillion), and as more people flock to full-time independent work, it's worth looking at some intriguing freelance-related statistics.

Among key points in recently-released freelancing studies and polls, it's quite apparent that independent work is taking over. Freelancing is—much like any other type of work— not for everyone, of course. But it is clear that the world workforce is taking advantages of the lifestyle that freelancing offers.

Are you ready to go freelance? We've pulled together findings from numerous recently-released studies and polls– both freelance and traditional– local and further afield, to help you cut through the noise and get right to the brass tacks. You can glean some helpful insight with these misc. takeaways.

Freelance-Infographic-2020.png


Sources:
AEO
American Community Survey (ACS)
And Co
Federal Reserve Bank St. Louis
Forbes
Gallup
Intuit
McKinsey
PYMNTS
Payoneer
Smallbizlabs
Smallbiztrends
Statista
T. Rowe Price Group
The Guardian
U.S. Census Bureau
Upwork
Wonolo
 
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