How the "New Normal" Economy is Impacting the Online Freelancing Industry

June 15, 2020
by Jason Dulay 
Jason is the founder and CEO of Work from Home Roadmap and VA Bootcamp. Aside from teaching Filipinos how to succeed working from home, he likes traveling, playing board games, and drinking coffee.
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A survey was done by Payoneer among thousands of freelancers.

Specifically, freelancers were asked to share how COVID-19 has impacted the demand for their services, their hourly rates, and what opportunities and risks they expect will arise from the crisis.

Here's what they found out.

1. Demand for freelancers has dropped in the short-term.

Around 32% said the demand has decreased.

BUT...

23% of freelancers reported that businoess has remained as usual, with an additional 17% saying that *demand has actually increased* during this period.

2. Freelance hourly rates remain stable.

Despite the fact that some said the demand has dropped, a large majority shared that their rates have remained stable.

3. The future of freelancing post-COVID looks bright.

As our economy faces one of the toughest times in history, you might be thinking — what's next?

Will the economy prevail?

More than 50% of freelancers agree that the demand will increase.

Sounds great, right?

Join us on this replay as we talk about how this "new normal" economy affects the online freelancing world.

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by Jason Dulay 
Jason is the founder and CEO of Work from Home Roadmap and VA Bootcamp. Aside from teaching Filipinos how to succeed working from home, he likes traveling, playing board games, and drinking coffee.

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88 comments on “How the "New Normal" Economy is Impacting the Online Freelancing Industry”

  1. Mauna na ako mag-ask ng question, re survey of Payoneer presented by Jason in the email invite for this topic? How does this transcend to/reflect Pinoy freelancers? Is the trend applicable to Pinoy freelancers?

  2. Hi Jason, apologies, I am unsure of the survey as to where or which country, but I am referring to this (what you mentioned in the email invite you sent earlier for this topic - see as follows a potion of your email - "A survey was done by Payoneer among thousands of freelancers.

    Specifically, freelancers were asked to share how COVID-19 has impacted the demand for their services, their hourly rates and what opportunities and risks they expect will arise from the crisis.

    Here's what they found out.

    Demand for freelancers has dropped in the short-term.
    Around 32% said the demand has decreased.

    BUT.. ."

  3. In my case po ang mga bata stay in s bhy so more work s bhy before mkastart mag work luto meals, meryenda. Tapos ndi nga po cla now mautusan lumbas bawal. Panay gadgets wala nmn pong ibang choice. Walang ibang activities.

      1. Cherrie Del Rosario salamat po.. Grab ko ma ang opportunity na mag tanong.. Pd parin naman ako mag join dito kahit wala akong pc or laptop para matutu ako. Isang araw mag karoon din ako. Salamat po

  4. 2 yesrs is the most optimistic, in line with the projected vaccine with 95% efficiency agsinst COVID 19 by Bill Gates which they are developing

    1. Here's my personal experience:
      A couple of months before I was bound to come back to the Philippines (from South Korea), the whole world seemed to be freaking out about South and North Korea war. My friends and I had to send so many frustrating emails telling our families we're doing more than fine. In fact, we were going out dancing and partying and no talk about the war was going on.
      Even when I finally came home, some of my friends insisted that I was sent home by the country because South Korea was preparing for an all-out war.
      My point is to not worry too much. If the clients's businesses is going, there shouldn't be a worry.

  5. Thanks for the clarification, Jason Dulay, so this means that there will be more opportunities still for incoming freelancers, especially those coming out of the VAB?

  6. Coaches, gaano po katagal ung adjustment period ng isang bagong freenlancer, kasama na ung schooling mo for your skills until getting your first client po - from corporate world then shifting to freelancing?

    1. I'd like to think more on what I'd personally benefit, tangible benefits, from paying taxes as a freelancer. It's a difficult practice because we surely want to know where our money is going to. But since it's inevitable and something we more likely cannot object to, I'd prefer to exploit it to my advantage.
      Katulad ng mga examples ni Ms. Liberty.
      I recommend you figure out what you can get away with paying taxes that could satisfy you as a person. Sometimes "helping the country" is just too vague and "it helps to get a visa" sounds more fulfilling.

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