Demand Way Up for Freelancers and Consultants

by Rene Siegel on February 9th, 2011

Work at HomeDid you feel that? That sudden surge and rumble? We did. And, it may not just be here in Silicon Valley. The whole economy might have just turned the corner.

Business at High Tech Connect is up, up, up and, apparently, we aren’t the only one. Online freelance marketplace Elance just released its Q4 2010 highlights and is reporting both year-on-year and quarter-on-quarter growth — during a quarter that is normally slow.

For the fourth calendar quarter of 2010, Elance reports employers spent $27M through its service for freelance work. Compared to the previous year, that’s a 44% increase.

As if that isn’t impressive enough, here’s the kicker: Growth from Q3 to the normally slower Q4 was 11%. Let’s be sure we see that: During Q4, normally the slowest quarter of the year, the spend on freelancers through Elance grew 11% compared to Q3.  Thanksgiving? Christmas? Bah, Humbug! Perhaps Dickens’ Christmas Carol gets turned upside down this year and the best gift we could get is the chance to work.

At High Tech Connect our consultant placement business is booming — so much so I had to cancel my planned Week Off this week. (It’s far more fun to make magic for my clients than tackle neglected closets and household repairs.)

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