Completed in partnership with Illuminas, the report analyzes secondary data sources, including the
“While we speak at
Some of Fiverr’s Freelance Economic Impact Report’s key discoveries include:
Freelancers that reside in major cities make more than the average freelancer in the
- On average,
$4,334 more than the totalU.S. average ($48,288 compared to$43,954 ) - Overall, four-in-ten (38%)
U.S. independent workers raised their rates in 2023, and half (49%) expect to do so within the next six months
Freelancers are embracing artificial intelligence to boost productivity
- Two-in-five (40%) freelancers report using AI tools, software, or platforms as part of their freelance work in 2023, with higher usage rates among independent workers providing technical services (47%), males (43%), Gen Z (56%) and Millennials (47%)
- Freelancers using AI-based tools experienced a significant boost in productivity, saving an average of 8.1 hours per week
More independent workers are abandoning full-time work to exclusively freelance
- Three-in-ten (29%) freelancers hold a permanent job in addition to their freelance work
- However, more independent workers focused exclusively on freelancing in 2023, rising to 71% (from 64% in 2022 and 61% in 2021)
Fiverr freelancers in theU.S. are also moving towards full-time freelancing, with 57% reporting they exclusively freelance, up from 52% the year before
Women, in particular, view flexibility as a significant advantage of freelancing
- Of the freelancers surveyed, 51% identify as female and 49% identify as male.
- The freedom to work where and when they choose is even more critical to female freelancers, with half (50%) taking up freelancing to work from home (compared to 41% of males) and one-third (34%) to be in control of their own schedule (versus 22% of men).
Shake-ups across top
- The fastest growing freelance markets by population include
Houston (#1),Orlando (#2),Las Vegas (#3), andMiami (#4) based on a predicted three-year growth rate (2021-2023). Los Angeles ,New York , andNashville have the highest concentration of creative professionals who earn higher-than-average revenues.Boston andSeattle are noted for highly educated populations and technology-oriented freelance workforces.
For more detailed information and to view the full report visit fiverr.com/freelance-impact.
About
Fiverr’s mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, over 4 million customers worldwide worked with freelance talent on
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Press Contacts
Siobhan Aalders
press@fiverr.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b231ed06-8862-4965-ab4b-275ae9fe411c
Fiverr Releases 7th Annual Freelance Economic Impact Report
Top 30 U.S. Cities Ranked by Freelance Population, Revenue, and Services Offered
2024 GlobeNewswire, Inc., source