The freelance market is booming and is expected to double in size in the next decade. This is a golden opportunity for those who desire to break free from traditional employment and build a sustainable freelance business.

While a freelance arrangement might lack the financial security of full- or part-time employment, freelance workers don’t have to earn less than their traditionally employed counterparts. In fact, according to Upwork’s data on freelancers, 44% of freelancers made more money than they did when employed at a traditional job. Additionally, the 2022 Payoneer global freelancer income report revealed a significant increase in the global hourly freelancing rate from $21 in 2020 to $28 in 2022.

Business News Daily, In Most Countries, Freelancers Earn More Than Average Workers
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