06 April 2021
Online staffing platform PeoplePerHour reported in a blog post that freelancer registrations were up 63% year over year since the start of the pandemic to a total of 1.5 million.
The London-based company surveyed 1,000 freelancers and found that one in four who started working in the past 12 months said they began freelancing because of a Covid-related loss of employment.
“There’s no doubt that 2020 has seen a marked shift change in how we all work,” said Xenios Thrasyvoulou, founder of PeoplePerHour.
“The flexibility that freelancing affords is undoubtedly why, at a time when our lives have been stretched in all directions, people find both success and security in working this way,” Thrasyvoulou said. “Many have clearly seen the financial and life-changing benefits that this workstyle brings and plan to either switch permanently or incorporate it as part of the full-time work where possible.”
PeoplePerHour’s research also found that 10% of freelancer registrations over the past 12 months were as a side hustle after being furloughed as a result of Covid.
Further, 97% of those who started freelancing said they plan to continue freelancing in some form after the pandemic. Forty percent plan to continue freelancing full-time while nearly a fifth said they will return to employment and continue freelancing at the same time.