Online Workers Doing Fine, ODesk Passes One Million Hours A Month
While full-time tech jobs might not be making a roaring comeback, freelance and part-time work seems to be picking up the slack. One data point just came out today illustrating the shift to freelance and online work. Online outsourcer oDesk passed one million hours of work on its system for the first time in the month of August. A year ago, workers on oDesk were logging less than half of that, about 400,000 hours per month. Online hiring is up 129 percent since last year, compared to flat employment growth in the larger economy.
The work on oDesk is spread across 215,000 employers and 720,000 contractors, whose desktops are monitored by oDesk’s software. The top three job categories on oDesk are Web Programming, Web Design, and Blog & Article Writing. Cumulatively, employers have paid out more than $185 million to online workers through oDesk, up from the $100-million mark last October.
A couple other key stats: eCommerce sites are hiring 70 percent more Web developers than a year go. While many of these online workers are overseas in the Philippines, India, Pakistan, and Russia, the U.S. is the the largest source of online workers on oDesk. California is the top state for virtual workers, and the top ten cities in the U.S. where virtual workers live are:
- Manhattan
- Los Angeles
- San Francisco
- Austin
- Chicago
- Pittsburgh
- Brooklyn
- San Diego
- Miami
- Charlotte
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So good to see that skilled workers are able to earn about the same as someone working at Burger King. That’s not odesks fault, its the market that does not properly value these workers.
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So lets do the math. $185 million paid out. One million hours per month=12 million hours per year. $185M/12M=$15.42/hr
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During this kind of economy, lots of people are doing freelancing works. Micro job site such as GigBux http://gigbux.com is also thriving! It has lots of advantages than using Odesk in term of simplicity and easeness to use.
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Fine is relative – works out to a cumulative $256 per contractor…
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This is the first time I am readin something about online outsourcing of jobs. Thanks for sharing the oDesk. in i am awe over the fact of clocking million man hrs in a month..
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