Upwork Study Finds 1 in 4 U.S. Skilled Knowledge Workers Now Work Independently, Generating $1.5 Trillion in Earnings
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: GlobeNewswire
PALO ALTO, Calif., April 23, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today unveiled its inaugural Future Workforce Index, a flagship report analyzing the rise of skilled freelancers performing knowledge work and their impact on the workforce, economy, and business innovation. The findings reveal a paradigm shift in how work gets done, with more than one in four (28%) U.S. knowledge workers now freelancing or working independently, generating a collective $1.5 trillion in earnings in 2024. As the world moves rapidly toward increasingly AI-powered and more flexible work models, freelancers are outpacing full-time employees (FTEs) in AI adoption and expertise in high-growth categories of work. Gross services volume for AI-related work on Upwork grew 60% year-over-year in 2024, reflecting a surge in demand for AI-equipped freelance talent. Today, there are more than 12,000 AI specialists on the
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UPWK
News
- Upwork November Monthly Hiring Report: Demand Rose for Quality Assurance Testers, Interpreters, and CreativesGlobeNewswire
- Upwork to Present at UBS Global Technology and AI Conference [Yahoo! Finance]Yahoo! Finance
- Upwork to Present at UBS Global Technology and AI ConferenceGlobeNewswire
- Upwork (NASDAQ:UPWK) had its price target raised by analysts at UBS Group AG from $23.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Upwork (NASDAQ:UPWK) had its "market outperform" rating reaffirmed by analysts at Citizens Jmp. They now have a $27.00 price target on the stock.MarketBeat
UPWK
Earnings
- 11/3/25 - Beat
UPWK
Sec Filings
- 12/11/25 - Form 8-K
- 12/4/25 - Form SCHEDULE
- 11/28/25 - Form 4
- UPWK's page on the SEC website