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The pandemic impacted numerous sectors and industries, which also affected many people’s livelihoods. However, amidst the global pandemic, one business shows vast growth and stability, which is freelancing. Many companies do outsourcing even before the pandemic strikes, but it intensifies after the onset of the global health problem.
Since many people are scared of being exposed to the virus, most decided to do their transactions online. Hence, the demand for online businesses and outsourcing had created opportunities, especially for people who do freelancing. It also became the saving grace for people who lost their job during the crisis. Due to this, the freelancing industry is expected to gain considerable growth compared to other businesses.
As mentioned, freelancing is a significant contributor to the economy even before the pandemic strikes. Some freelancers thought the demand would decline since many professionals are laid off. However, most are optimistic and still believe that the market will continue to increase for a long time.
Some freelance business areas did not feel the increase in gain, especially those who work in hospitality, entertainment, event organizing, and creatives, which are having difficulties maintaining their work operations. What’s hot in freelancing now is related to the computer, financing, mathematics, and business operations. Aside from that, there is also a high demand for customer service, web design, mobile design, and e-commerce.
According to different freelancing platforms, remote work people have more significant opportunities and revenues during this time. With this, you can see that people’s perception of freelancing is changing. Up to 71% who do freelancing see it now as a possible full-time career. Simultaneously, 67% who do full-time freelancing mentioned that freelancing helps them cope during uncertain times.
A large percentage of freelancers say they earn the same or much more than regular work. Even those professional workers who do remote work because of the pandemic see the potential of freelancing. They are even considering freelancing as their career because of its benefits and demands.
Although global pandemic affected different sectors and industries, there are still businesses that arise during the pandemic. Freelancing has attracted many professionals, and many are even considering it as a long term career. It only shows that freelancing’s growth will not just increase during the crisis but even after the pandemic.