Remote jobs a refuge for workers in crisis-hit economies
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Originally posted on Gigaom:
The news out of Europe has been despressing month after month with seemingly endless talk of bailouts, recession and shocking rates of unemployment. And things don’t show any sign of resolving imminently, with Spain the latest focal point for anxious markets.
All of the gloom and doom is a stress for bankers and politicians, but for workers on the ground the challenges are severe and immediate, and their ability to influence their situation (short of immigrating) limited. But the quarterly Global Online Employment Report from online job board Elance released today suggests there is at least one refuge from the economic storm that workers are increasingly utilizing– remote work.
The analysis of hiring across the globe on the site showed a sizable growth in earnings for contractors in crisis-stricken European countries. Greek workers on the platform earned 122 percent more compared to the previous year, while Spanish contractors earned 142 percent more.