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Upwork:Quarterly Results/2022 Q4: Difference between revisions
Upwork:Quarterly Results/2022 Q4 (view source)
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=== December 23, 2022, US Businesses Shift to Contract Workers<ref>https://www.ft.com/content/53329655-74b3-4820-a5f9-37ae39ad6d7d</ref> === | === December 23, 2022, US Businesses Shift to Contract Workers<ref>https://www.ft.com/content/53329655-74b3-4820-a5f9-37ae39ad6d7d</ref> === | ||
* LinkedIn data indicates that US businesses are increasingly hiring contract workers as recession fears grow. Contract job positions posted on the platform between May and November 2022 rose by 26% compared to the same period in 2021. | * LinkedIn data indicates that US businesses are increasingly hiring contract workers as recession fears grow. Contract job positions posted on the platform between May and November 2022 rose by 26% compared to the same period in 2021. | ||
== Analysis of [[Jobs posted on Upwork Platform]] as at February 11, 2023 == | == Analysis of [[Jobs posted on Upwork Platform]] as at February 11, 2023 == | ||
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*The need for intermediate-skilled talent is growing rapidly. Number of intermediate jobs grew from 87,464 at the beginning of Q4 2022 to 109,069(+25%) as at February 11, 2023. This is followed by expert jobs, which grew from 54,895 at the beginning of Q4 to 65,716(+20%) as at February 11, 2023. This may imply that high value clients are increasingly using the site. | *The need for intermediate-skilled talent is growing rapidly. Number of intermediate jobs grew from 87,464 at the beginning of Q4 2022 to 109,069(+25%) as at February 11, 2023. This is followed by expert jobs, which grew from 54,895 at the beginning of Q4 to 65,716(+20%) as at February 11, 2023. This may imply that high value clients are increasingly using the site. | ||
*As usual, majority of Open Jobs are temporary jobs(those with project length of less than one month), accounting for around 40%. | *As usual, majority of Open Jobs are temporary jobs(those with project length of less than one month), accounting for around 40%. | ||
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== Competitor Expectations and Results == | |||
[[Fiverr:Quarterly Results/2022 Q4]]<references /> | |||