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Stock impact report

Upwork Report Finds U.S Businesses Increasingly Turn to Independent Talent as a Key Workforce Strategy

Upwork Inc. (UPWK) 
Last upwork inc. earnings: 2/26 04:09 pm Check Earnings Report
Company Research Source: Business Wire
Companies facing a protracted labor shortage use skilled independent professionals to win the war for talent, innovate their businesses and weather disruption SAN FRANCISCO--(BUSINESS WIRE)--Upwork (NASDAQ: UPWK), the world’s work marketplace, today released its seventh annual “Future Workforce Report.” Reflecting survey data from over 1,000 U.S. hiring managers, the 2022 report finds that businesses are reevaluating longstanding notions around how to access talent as well as resource, construct and scale teams. In particular, businesses are using independent talent to build agility and adapt to economic uncertainty, solve critical talent and skills challenges, innovate, and move quickly to gain a competitive advantage.Despite the robust labor market, businesses continue to face an historically difficult hiring landscape. As the number of available job seekers continues to decline, while the number of Americans who quit their jobs remains at a 20-year high, 60% of hiring managers c Show less Read more
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