DemandSage reveals that freelancers represent 46.7% of the global workforce, contributing significantly to economies worldwide, especially through the burgeoning sectors like writing and creativity.
Freelancers in the U.S. alone generated $1.27 trillion for GDP in 2023, showcasing the immense economic impact of the freelance market as a critical sector.
With 44% of Millennials and 52% of Generation Z engaging in freelance work, the demographics highlight a notable shift in earning methods among younger generations.
By the end of 2024, the freelance industry is forecasted to reach $7.49 billion, indicating a robust growth trajectory and an increasing resource demand.
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