Elance Passes Major Milestone in Earnings

ElanceOne business sector that does not appear to have been harmed at all by the recession and the recent turbulent times that have followed on from it – the freelancing sector.

This is borne out by evidence that Elance, one of the main marketplaces online for various services, has now gone past the $300 million dollar mark for the amount of work undertaken and completed.

There is no doubt that some people have been made redundant in recent times and turned to the internet to freelance with their skills instead of trying for another job in a difficult market. Workers from the US, UK, Europe and many other countries have started their own freelancing businesses as a result of looking at sites like Elance.

Elance is also making constant improvements to its site, making sure that both the providers and those hiring them can enjoy a better service all the time. The total paid for work delivered stood at $317 million dollars at the time of writing. So the milestone has already been left behind in recent weeks in favour of reaching new heights.

Elance is preferred by many online workers in many countries because of its clean layout, realistic pricing for jobs and safety of the workplace in general. These represent just three of the reasons why this major milestone has been reached. No doubt we can expect other milestones to be reached as well in the near future

Risk Warning:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

1 Comment on this Post

  1. Provided you don’t plan on making a good living freelancing, then yes, the economic recession has not hurt freelancing. For those who want to make a decent living, though, you’ll find yourself either working yourself to death or cutting back on your lifestyle because pay is so damn cheap now.


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