2020 Q3 key findings

Freelancers’ 12-month confidence index in the UK economy remains in deep negative territory at -56.2 this quarter.

Coronavirus continues to be the top factor negatively influencing freelancers’ business performance.

Freelancers’ spare capacity recovered slightly from Q2 2020 (5.5 weeks) but remained very high at 5 weeks.

Freelancers expect an average decrease of 12.6% in their day rates over the next 12 months.