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.
Infographic by: wagedev