When you’re not working, do you want to be doing something productive?
Business Insider / February 14, 2019 10:00:01 If you’ve never considered becoming a full-time freelance writer or graphic designer, now’s the time to do so.
According to a report from the U.S. Bureau of Labor Statistics, the number of full-timers who have gone into freelance work in the last 12 months rose from 5.9% in 2013 to 8.9%.
The trend is most pronounced among full- and part-time workers.
The percentage of full time workers who are freelance rose from 0.5% in 2012 to 0.8% in 2014.
This includes freelancers working in both paid and unpaid work.
In 2014, the percentage of freelancers making more than $100,000 per year rose from 12.6% to 14.4%.
In 2016, it increased to 14% as part of a report that found that the median hourly wage for full- or part-timing workers in 2016 was $10.70.
The BLS also reported that in 2016, more than two-thirds of all freelance workers had a job at least once a week.
These findings are particularly important because many companies don’t have a clear idea of the number and type of full or part time jobs they should be hiring, and that’s where this report comes in.
To find out how much freelance work is worth, Business Insider analyzed the average hourly wages of freelance workers across the U, with data from the Bureau of Economic Analysis.
The data was then weighted by the number that were full-takers and part time.
We looked at both the total number of workers and their median wage to estimate the annual total of full and parttime jobs.
Based on this data, we calculated the annual median wage for freelance workers.
To get a sense of the average full-to-part-time wage, we looked at the median number of hours that a full time worker would work in a given month, with a range of $0.35 to $0,85 per hour.
Here are the results.
Full-Takers vs. Part-Time Workers: What Are They Making?
Full-time employees make a median hourly salary of $9.28 per hour, with $7.04 for hourly overtime and $5.38 for a share of their tips.
This means that for every hour worked, an employee is earning about $0 in pay.
While some workers might have an hourly wage below $0 per hour because of a combination of part- and full-day work, the vast majority of full to part-timer workers are making $0 or less.
The median hourly hourly wage of full workers is $9,621.
The total number and median wage of part time workers is much lower, $3,746.
This is because most part- time workers work fewer hours per week than full- time employees.
The mean hourly wage per part-Time worker is $4.19, or $1.65 less than the median full-timer wage of $10,958.
The average hourly wage paid to full time employees is also less than $9 per hour for the first time in 2016.
The full- to part time wage is $8.79, or an increase of $1 per hour from the median.
The difference is even larger for women.
The first time full-Time workers were surveyed in 2013, the median income of women was $5,700, and for part- Time workers, it was $7,300.
This year, it is $10 for a full part-T Time employee.
In 2016 alone, full- Time and Part- Time employees made $9 and $9 respectively.
While the gap between the two categories has narrowed, part- to full-Timers still have lower wages than full Time employees.
For full-T Timers, median hourly wages rose to $10 per hour in 2016 and to $12.70 per hour by 2021.
Part time workers were more evenly split between full- $10 and $12 per hour at $9 each and for the full- T Time, median wage was $8 per hour and the median was $6.75 per hour on average.
This gap was more pronounced for women, who saw their wage increase by about $1,000 to $6 per hour over the same period.
Part Time employees also made $8 more than full Timers.
This difference was especially pronounced among women, as they earned $8,400 less than full time women, or 10.4% less.
What About Pay?
Here’s the big question: Are these hourly wage trends indicative of a better or worse job market for full time and part timers?
For part-Timing, it appears that full time is the best bet.
According, BLS data, the share of full Time workers who make more than the average $10 hourly wage increased from 15.6 to 17.6