How profitable is it to do remote work in the USA?

How profitable is it to do remote work in the USA? How developed is freelancing in the USA?

Remote work in the modern world is very popular, both in Russia and in other countries, in this article you will learn how well developed this way of earning money is in the USA.

Facts about this and that

— More than a third of telecommuters work from Europe.
— By 2027, freelancers will make up 50.9% of the US workforce.
— Freelancers work an average of 44 hours per week.
— A third of new "remote workers" in America they earn up to $10 an hour.
— With over 31 million users, is the largest digital labor sharing platform.
— 67% of freelancers typically complete up to 3 projects per year.

General Freelancer Statistics How profitable is it to do remote work in the USA?How profitable is it to do remote work in the USA?photo:

1. The USA has the highest earnings for freelancers: income growth over the year was 78%

A report on the freelancing industry states that freelancing income in America has skyrocketed from 10% in 2018 to a whopping 78% in 2019. This means that not only the number of freelancers has grown in the United States, but also their income. The UK comes in second with a more than satisfactory 59% income growth, followed by Brazil with 48%. Other countries with explosive growth in freelancing income include Pakistan, India, Ukraine, the Philippines and Bangladesh.

2. Freelancing is the choice of 60% of self-employed people

This data was obtained in a recent UpWork survey of more than 6,000 US workers over 18 years of age. That number is estimated at about 57 million Americans, according to the UpWork study. Freelance statistics clearly show that self-employment is something that should be taken very seriously, especially since the rest of the people on the freelance workforce got into the industry through layoffs or other means.

3. 35.5% of freelancers work from Europe

If we consider the number of "free workers" in the world and their location, Europe is arguably the cradle of freelancing: more than a third of them work there. Statistics show that 29.2% of the global freelance community is concentrated in Latin America, and 28% in Asia. The remaining 10.1% of freelancers are located on the African continent.

4. A relatively flexible workforce, including remote workers, is the preferred choice for 59% of US companies

How profitable is it to do remote work in the USA?How profitable is it to do remote work in the USA?photo:

Most companies in America now rely on remote workers to some extent. Data on remote work in America and statistics on freelance workers show that the percentage of companies choosing a flexible work model was 59%. Moreover, 61% of hiring managers say that working with "external talent" — this is what helps their full-time employees stay up to date with the latest developments.

5. Freelancers will make up 50.9% of the US workforce by 2027

Remote work is destined to continue to grow in the future, despite how much it has already skyrocketed. Freelancing statistics suggest that freelancers will make up 50.9% of the US workforce by 2027, meaning the traditional 9-to-5 job is slowly dying out. Additionally, if growth continues, it is projected that more than 67 million Americans will be working as freelancers by the end of 2021. This means that 42% of the US workforce will be employed in the freelance market.

6. Freelancers earn more than 70% of all professionals in the United States (on average per hour of work)

Professional workers earn an average of $28 per hour, with "skilled" denote services such as marketing, business consulting and programming. Statistics show that such services account for almost half (45%) of all freelance work in the US today.

7. Freelancers spend an average of 44 hours per week working

According to a recent report, most remote workers work between 31 and 50 hours per week. Freelancing statistics also show that a total of 37% of them work from 41 to 50 hours a week. The second largest group (32%) works less than 40 hours, and about 6% spend less than 30 hours per week at work. In contrast, only about 5% work more than 60 hours per week.

8. Male freelancers are more common in the United States (59%) than their female counterparts (40%)

Thus, we can conclude that freelancing in America is very popular, will develop further and will become the main job for many in future. And if the question has arisen in your head about whether it is worth trying yourself in this field, I will answer you that it is definitely worth it, because trying is not torture.