US freelancers’ earnings rise to $247 billion in 2021: Fiverr


Freelancers in the US earned an estimated $247 billion in 2021, up 5.6% from an estimated $234 billion in 2020. That is according to the fifth annual “Freelance Economic Impact Report” released this week by talent platform Fiverr International Ltd. (NYSE: FVRR).

Fiverr reported there were 6.3 million independent professionals in the US in 2021, and 40% of whom earned more revenue in 2021 than 2020.

“As the way we work continues to shift in ways unforeseen before the pandemic, and autonomy, freedom and flexibility are valued above all else, the opportunities available for freelance talent have become endless,” said Brent Messenger, VP of community and public policy at Fiverr.

The report also found that 50% of independent professionals in the US experienced increased demand for their services in 2021 compared to 2020, while 17% saw a decrease in demand.

Those providing technical services were most likely to see increased demand, 61%, compared to professional services, 46%, and creative services, 23%.

Fiverr’s report indicated that nearly all independent professionals work from home at least some of the time and they would trade some revenue for the ability to work at home. In fact, 49% would never consider working at a client’s location full time even if the compensation were higher.

The report also said independent professionals in the US are satisfied with their work with 75% saying there were highly satisfied in 2021, up from 70% in 2020.

The study was conducted in partnership with Rockbridge Associates and the Freelancers Union.