Elance Blog

Over 40% Online Job Growth in Q3 (Not A Typo).

With the way spin doctors can bend statistics these days, we’re all getting a little numb to facts & figures. But when Elance’s Q3 Global Online Employment Report came out this week, our jaws literally dropped. More than a few coffee cups were dropped too.

Fact is, the online work sector is now growing at a mind-boggling clip. The bottom line is that Elance saw tremendous growth on both the freelancer and client side in Q3 2012. Specifically we saw a 41% growth in new jobs posted by businesses (nearly 220,000), and 42% growth in freelancer earnings (topping nearly $50 million).

The numbers were particularly astonishing in U.S. cities where unemployment rates are above 10% (the national average is hovering around 8%). This can be attributed to workers looking to escape the restraints of local economies. For living proof, see Detroit, Michigan which saw a whopping 745% increase in freelancer earnings over Q2. There was similarly huge freelancer earning growth across the rest of the country too. And ditto for areas of Europe with economic challenges, where freelancers in Greece saw 167% earnings growth, Portugal 101% and Spain 48%.

By job category, Elance saw the largest percentage of Q3 growth in the following areas: marketing, security, niche writing and gaming. For a taste of specific job growth, here’s food for thought: +157% for social media marketing, +448% security engineering, +474% speech writing and +76% game programming.

Feel free to pore over the complete report and see why we’re confident that by 2020 1 in 3 workers will be hired online …. unless growth continues at this record pace, in which case who knows?

 

Comments

This is excellent news.
Maybe 2013 will be the year where European freelancers will also get more hires. :)

This is quite informative data. Online jobs are beneficial to unemployed, part-time and full-time employees who intend to grow their financial output to overcome the economic recession leading to inflation and to improve their living standards.

Also, a lot of skilled professionals turn to freelancing when lay offs begin. Companies still need to operate BAU, even with a reduced workforce. So many turn to freelancers and temp agencies to fill that gap for less money. This is the time for those already in the 9 to 5 world to hone their skills and do a little freelance moonlighting.

This is quite informative data. Online jobs are beneficial to unemployed

Nice, Atl east I know I need to stick around and some day ti would be results.

This result is not only informative, but also predicts that the growth will continue in future as well.
I become a full time Elancer and very happy with it.

Everything is very open and very clear explanation of issues. was truly information. Your website is very useful. Thanks for sharing.

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A very relevant article describing about the online job growth. As per the study, there is 41% growth in new jobs posted by businesses and 42% growth in freelancer earnings. Elance has the largest percentage of Q3 growth in marketing, security, niche writing and gaming.

The blog was absolutely fantastic! Lots of great information and inspiration, both of which we all need!b Keep 'em coming... you all do such a great job at such Concepts... can't tell you how much I, for one appreciate all you do!

I just want to say your article is striking.