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📆Top Reasons For Freelancing

More than half of US freelancers (56%) agree the leading reason for taking work on a gig platform is to save up extra money.

➡️This is followed by needing to cover gaps or a change in income (52%).

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🔥New professions due to the influence of AI

🔵While artificial intelligence has rapidly spread and provides support in daily work or routine tasks, it’s clear that AI cannot replace humans. However, those who master working with AI efficiently can replace those who do not. AI experts such as Prompt or Machine Learning Engineers and Data Scientists are increasingly in demand.

🔵The key skills for aspiring Data Scientists include Data Analysis (14.2%), Data Science (11.2%), and Machine Learning (10.3%). Proficiency in programming languages like Python, SQL, and Java is essential.

❗️Additionally, understanding the limits and legal frameworks for AI use will be advantageous in the future.

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📆The four-day week as the new reality

👍While discussions about a four-day workweek for employees are widespread, freelancers have long practised this theoretically-viable reality. According to a freelancermap survey, 20% of respondents work only four or even fewer days a week, benefiting from flexible work structures, control over their working hours, and quicker adaptability.

🔵Freelancers can work more efficiently and achieve their revenue goals with less time invested.

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💻Growing importance of soft skills

➡️In an era dominated by remote work, artificial intelligence, and new technologies, soft skills and interpersonal aspects are becoming as important as technical expertise.

👕LinkedIn USA confirms this shift, with nearly half of 2000 surveyed employers lowering their requirements for hard skills while placing more emphasis on soft skills such as communication and teamwork.

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💻35.5% of freelancers are working from Europe.

🔵When we consider the number of freelancers in the world and their location, Europe might just be the cradle of freelancers with over one-third operating from there. Freelance statistics show that 29.2% of the global freelance community is concentrated in Latin America and 28% are in Asia.

➡️The remaining 10.1% of the freelance workforce is on the African continent.

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💻Freelancers see North America as their biggest client pool.

Freelancer statistics obtained in a recent study by Payoneer show that the majority of freelancers (36%) have clients across North America, with Europe taking second place with 27%.

🙂At the other end of the spectrum were Africa (4%), the Middle East (5%), and Australia (7%) as the regions with the fewest clients.

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💘50% of freelancers in the US are Gen Zers.

📌With 50%, according to Generation Z statistics, this age group dominates the American freelance market. Freelancer statistics further indicate that 44% are people aged 23-38, i.e. Millennials, while 30% are Gen Xers.

⚡️What is interesting though is that although freelancing is a relatively new trend, Baby Boomers (55+) are also playing the game with 20% working on the free market.

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🚀67% of freelancers typically complete up to 3 projects per year.

💻While working on an average of 3 projects seems to be the strategy of choice for 67% of freelancers worldwide, freelancing statistics for the remainder of the spectrum are equally interesting. Delving into 10 or more projects per year is a feat only 8% of freelancers attempt.

🎥The percentage of freelancers that separate their time between 5 and 9 projects comes in at 12%, and approximately 21% of freelancers only opt to work on one project a year.

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