A new report released last week shows that businesses around the globe are increasingly going online to hire skilled technology and engineering professionals.
The monthly report tracks hiring, as well as skill and wage data, for American freelancers. What stood out in February’s numbers was the fact that businesses are hiring U.S.-based technology experts at record pace on Elance. In fact, IT and Programming continues to be Elance’s highest-growing job category in the U.S. (accounting for 51% of total hires in the month). Compared to February of last year, there were twice as many engineering hires and 130% more paid to engineering freelancers from America.
One can infer from these numbers that businesses worldwide are looking to accelerate growth quickly, and for the best results they turn to highly-skilled U.S. freelancers who command higher wages and deliver quality work.
We regularly publish real-time wage, location and skills data in the Trends section of our website. Our goal is to publish data and reports that help create a truly transparent workplace for freelancers and the businesses that hire them.
One of the hottest fields these days is 3D printing. It’s front and center on most everyone’s mind – from journalists and venture capitalists to manufacturers, consumers and of course, enterprising startups looking to cash in on the next big thing.
In case you’re unfamiliar, 3D printing allows people to use plastics and other materials to print anything from car parts to toys (and who knows what?), right from the factory floor or kitchen table. The revolution is without question shaking up what’s possible.
Here at Elance we’re always among the first to see trends, and we’re definitely seeing a spike in activity related to 3D printing projects. We also have a full-range of freelance 3D experts ready to tackle projects, so feel free to hire a CAD designer for your next project. Right now we have nearly 400 3D printing jobs on Elance, among the 70,000 3D jobs currently listed (ranging from 3D CAD, modeling and scanning to 3D animation). For more information, see our trends section.
Hoping to support those in the 3D printing realm, Elance has also hosted meetups recently to foster better communications and to accelerate development. Much like the “homebrew computer club” that spawned the personal computing industry in the 70’s and 80’s, these meetups focus on the quickly-emerging world of 3D printing. Last week at our Silicon Valley headquarters our 3D printing meetup featured 75 entrepreneurs who enjoyed a presentation by Geoffrey Doyle, CEO of GrowShapes and Steve Nguyen, VP Marketing of Sixense Entertainment.
2014 is shaping up to be a banner year for online work, and particularly for businesses that hire talent in the cloud. If last year’s trends are any indicator, the future looks exceedingly bright. In 2013, over 1.1 million new freelancers and 441,000 new businesses joined the Elance community (a hearty welcome from our team to each and every one of you). The growth in our marketplace has been dramatic and continues to accelerate, driving a 50% year-over-year increase in freelancer earnings.
As we look beyond the numbers, it’s clear that businesses are now getting work done in an entirely new way. In fact, an exciting new future of work is emerging. Based on what we saw happening on Elance in 2013, these are our 4 predictions for online work in 2014:
1. Freelancers will command double-digit wage increases—Freelancers are enjoying higher earnings due in part to increasing demand for specialized talent. In December 2013, the average hourly rate on Elance for a U.S. based freelancer rose to $27. Increased demand for both Creative and STEM (Science Technology Engineering and Math) skills drove hourly rates up 10 percent last year and are predicted to fuel similar increases in 2014.
2. Freelance technology professionals will become part of every company’s team — IT and Programming continue to be the highest-growth online staffing categories, representing nearly 40% percent of hiring last year. In 2014 more businesses will turn to online work marketplaces to find software programmers, application developers, system administrators and data scientists. In 2013, the demand for networking and security professionals increased over 400 percent, enterprise software developers 100 percent, and mobile app developers 50 percent compared to the same period last year.
3. Your next MVP may be a freelancer—More businesses are adopting a hybrid staffing model, comprised of both full-time employees and a trusted extended workforce of freelancers. In the United States, the United Kingdom and Australia, the number of companies hiring across multiple skill categories increased over 30 percent, with German companies increasing 69 percent.
4. Online hiring will be local—Even when hiring online, 2013 data shows that many businesses prefer to hire local talent when possible. The demand for talent that is both local and online talent will continue to grow in 2014.
In addition to the annual Global Online Employment Report, Elance just released our regular monthly U.S. Employment Report for December 2013. Both are derived from hiring and payment data and measure several key indicators, including the number of new jobs created, the number of people looking for work and local data on hiring and wage growth on Elance.
Each report reveals exciting news for the Elance community, as expressed by Elance CEO Fabio Rosati. “With millions of talented freelancers working online, more businesses are meeting their staffing needs online,” Fabio said. “Until recently, a team of Elancers was the secret weapon for entrepreneurs and startups, but in 2013 we saw a noticeable shift in the labor market with many large companies building extended workforces online to engage talent they don't have in-house.”
The U.S. Department of Labor just released a list of the 15 fastest growing occupations in America, and topping the list is translators and interpreters.
According to the report, 25,000+ jobs will open up in these two related categories in the next 8 years. That’s a whopping 42% growth, and it doesn’t even include the military (which is even hungrier for translators). Those expected to hire bilingual workers include everyone from startups and Fortune 500 companies to all areas of the government – including state and local governments near you.
This is great news for Elancers, as there is an ample supply of translators in our growing marketplace. Right now there are nearly 290,000 translators on Elance, specializing in virtually every language on earth. Businesses looking to hire a translator for their website, marketing materials or other projects can expect a plethora of skilled talent available to help them expand into fruitful new global markets.
A recent article on CNN Money notes that the majority of translation jobs are now going to freelancers. This is no surprise to businesses that use Elancers for their translation, including Irene Jaindi of Austria-based I & S Translation. She uses a host of Elancers to meet the needs of her clients around the world. See her story.
Naturally translation job opportunities continue to increase on Elance, which is great news for the many freelancers in our marketplace with bilingual skills. This includes Maria Andrade who is based in Mexico, and has created a successful and blossoming career as a Spanish-English translator. Check out her story too.
Elance’s latest Global Online Employment Report is out, and the results couldn’t be better for businesses or freelancers. There’s a plethora of talented Elancers ready to work (particularly among those with high-demand STEM skills), and clients are hiring and paying freelancers at record pace.
To bring the report to life, we created an engaging infographic:
We have great news for “right brain” thinkers everywhere. While job demand rose to record levels in many areas – including most technical fields – our Q2 Global Online Employment Report also points to a dramatic rise in demand for creative skills. For the first time ever the “Creative Economy” is outpacing demand for technical talent. These findings show that companies are now looking for new way to attract and engage customers.
The chart below shows the percentage of jobs posted by category, indicating Creative took the lead in Q2:
Since 1982, the Office of Advocacy has produced an annual report collecting information about national small business contributions to the economy and trends that have resulted.
Additionally, this year's report showed that the number of "employer firms" has fluctuated from just under 5 million to just over 6 million firms over the past 25 years, while the larger number of firms without employees has increased steadily, from about 14 million in 1992 to nearly 22 million in 2010.
According to Pew, nearly half (46%) of American adults are smartphone owners as of February 2012, an increase of 11 percentage points over the 35% of Americans who owned a smartphone last May. On the other hand, two in five adults (41%) own a cell phone that is not a smartphone.
The movement towards complete smartphone adoption comes off the heels of the largest Mobile World Congress, the world's largest exhibition for the mobile industry—featuring CEOs representing mobile device manufacturers and vendors from around the world, and of course Google's recent declaration that they're activating 850,000 Android devices a day. What an exciting time to be a mobile developer!
The results of two recent polls conducted by the Wells Fargo/Gallup Small Business Index earlier this year show that small businesses feel more strongly about their growth prospects now than they have in years, and plan to increase both the number of jobs hired and the amount spent on capital over the next 12 months.
According to Gallup poll results published earlier this month, more U.S. small business owners expect to increase rather than decrease the total number of jobs at their company over the next 12 months. The 14-percentage-point advantage for expected job growth is the largest since the +15 of January 2008, suggesting small business owners are more optimistic about hiring now than at any time in the past four years.
Today market analytics group comScore released their 2012 Mobile Future in Focus report, an annual publication that examines the mobile landscape, covering key trends driving smartphone adoption growth and mobile media usage in social networking and retail, mobile ecosystem dynamics, and media consumption. Last year, we saw a 137% growth in mobile projects on Elance, and with the current trend trajectory, there's every reason to believe jobs and talent for mobile project will grow in demand.
Nearly 42 percent of all U.S. mobile subscribers now use smartphones, along with 44.0 percent of mobile users across the "EU5" (comprised of France, Germany, Italy, Spain, and the UK). Mobile media use – defined as browsing the mobile web, accessing applications, or downloading content – saw increased growth supported by the proliferation of high-speed networks and increased Wi-Fi availability.
Google Android and Apple iOS smartphone platforms emerged as the leaders of the U.S. smartphone market in 2011, with Android just a few points shy of capturing half of the smartphone market and iOS accounting for nearly 30 percent of the market. In the EU5, Android saw similarly significant gains, unseating market leader Symbian in 3 out of the 5 European markets measured.
In 2011, both the U.S. and EU5 saw the growth in mobile app use exceed the growth in mobile browser use. Health ranked as the fastest-growing mobile media category in the U.S. in 2011, followed by Retail and other commerce-related categories such as Electronic Payments and Auction Sites.
64.2 million U.S. smartphone users and 48.4 million EU5 smartphone users accessed social networking sites or blogs on their mobile devices at least once in December 2011, with more than half of these mobile social networking users accessing social media almost every day.
Tablets quickly rose in popularity in 2011, taking less than two years to account for nearly 40 million tablets in use among U.S. mobile users and outpacing smartphones which took 7 years to reach the same.