10 Impressive Gig Economy Statistics: The Rise of a New Workforce

What we’ve witnessed in recent years is a dramatic shift from traditional 9–5 full-time employment to more freelancing, part-time, and contract roles. This change is driven by both sides: employees, who want flexibility and freedom to be their own boss and employers, who see the benefits of being able to tap into talent for work exactly when and where it is needed.

Workers are supplementing full-time work with “side gigs”, or leaving the traditional workforce altogether, in pursuit of these new, on-demand opportunities. This segment of the workforce is referred to as the “gig economy”. Examples of gig employees in the workforce could include freelancers, independent contractors, project-based workers, and temporary or part-time hires.

While there is a ton of talk today about the ever-changing state of the US workforce, just how big is the gig economy? And is it here to stay? Here are 10 surprising and impressive statistics about the gig economy:

Just how big is the gig economy?

For millennials, gig work is expanding fast

But an older generation is picking up gig work, too.

What industries are gig-friendly?

The gig economy accounts for almost ALL new jobs

COVID-19 has accelerated the gig economy

What do they want? Flexibility! When do they want it? Always!

The gig economy is making noise

The gig economy keeps growing

Yes, this way of work may be here to stay

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glenn laumeister

CEO of AllWork (Freelancer Payments as a Service) Enabling the Gig Economy by making it easier for companies to manage and pay all of their freelancers.