The gig economy has seen a huge growth spurt since the onset of the COVID pandemic. With the unemployment rate climbing to 14% during lockdown, many Americans were faced with finding non-traditional means of bringing in the cash. Gig work has provided many avenues to do just that, and it turns out it’s a pretty sweet deal.
Gig workers enjoy the flexibility and 58% of them work less than 30 hours a week. They also tend to make more money than their peers. In fact, a delivery driver makes an average of 50k per year. The opportunities for growth are certainly there as well, as 73% of hiring managers are planning to use gig workers, and 4 out of 5 businesses also plan to increase their use of gig workers, with 50% already having done so.
Gig work will play a vital role in rebuilding the post-pandemic economy. As the way Americans work has changed in virtually every area, gig work is one aspect of American employment that is growing fast with no end in sight.