Small Business Labs

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Online Talent Marketplaces Continue Rapid Expansion

Small Business Labs

There are several interesting new data points on the increasing use of online talent marketplaces like Elance-oDesk, Freelancer.com, etc. The marketplace themselves are also reporting continued strong growth.  work reports from Elance-oDesk, which recently merged.

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Moonlighting: Booming or Declining?

Small Business Labs

A recent study by the Freelancers Union and Elance paints a very different picture.   The Freelancers Union/Elance report says multiple job holders fall into two broad segments: Moonlighters (14.3 The Pew Report suggests a job market and economy that is strong and getting stronger. Bureau of Labor Statistics (BLS).

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Businesses Hiring More Freelancers

Small Business Labs

.   The study also reports about 30%-40% find the process of locating, hiring and paying freelancers to be difficult and/or cumbersome. No doubt not by coincidence, the company that sponsored this research - Elance  - recently announced a tool to help mid-sized companies do just that. 

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Measuring the Impact of the Invisible Economy of Independent Work

Small Business Labs

There's a growing view that the way economic statistics are collected and analyzed fails to reflect the economic and jobs impact of independent work - especially independent work created by new economy companies like Airbnb, Etsy and Elance. This year's MBO Partners State of Independence Report shows that 17.7 million U.S.

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Startups and the Growth of Online Staffing

Small Business Labs

Online staffing firms and marketplaces like Elance, oDesk and Freelancer.com continue to report substantial growth in jobs posted, jobs placed and money paid to service providers. They also report having 4 million registered freelancers.

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The Emergence of Freelancer Management Systems

Small Business Labs

.  Freelancer management systems are different from online staffing platforms such as Elance, Odesk and Freelancer.com in that they go beyond just facilitating one-to-one engagements between indidviaul buyers and sellers of freelance talent.    Instead, an FMS facilitates firm wide engagement and deployment model.

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2.7 Million Independents Work in the On-Demand Economy

Small Business Labs

According to a new report from MBO Partners -  Independent Workers and the On-Demand Economy  - about 2.7 million American independent workers report using at least one on-demand economy platform or marketplace as a source of work or income. Only 9% reported being dissatisfied. million U.S.

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