![]() On the other end of the spectrum, the gig economy encompasses a marketplace of workers who make an income from popular on-demand apps like Uber, Lyft, Amazon Flex, and others. These days technology has been a driving force behind this mode of freelance work-with a smartphone and unlimited data plan (or a good indie café with fast wifi and a power outlet)-you can work from just about anywhere. Traditionally, examples of gig employees in the workforce have included freelancers, independent contractors, project-based workers, and temporary or part-time hires. This includes a quarter of all full-time workers and half of all part-time workers. They also estimate that 29 percent of all workers have an alternative work arrangement (or gig work) as their primary job. workers - or roughly 57 million Americans - are gig workers. ![]() In fact, Gallup estimates that 36 percent of U.S. Many people argue that the gig economy has severely disturbed the conventional workplace and redefined workplace expectations of employees. The gig economy is a free market system in which temporary, flexible jobs are commonplace and companies bring on independent contractors and freelancers instead of full-time employees, and in many cases, for short-term engagements. So who are these workers and what exactly does the gig economy encompass? This guide dives into the basics of the gig economy, history, and evolution while providing entrepreneurial thinkers and startup businesses with resources to stay ahead of the game. In fact, it encompasses a wide range of services and people who provide them. ![]() But the reality is that the gig economy is far more complex than jobs created through the on-demand industry. After all, these platforms have become household names with on-demand services many of us use on a daily basis. You’re most likely familiar with the gig economy as side hustles or part-time jobs available through apps like Uber, Lyft, Etsy, Amazon Flex, and others. Spurred by technology, the gig economy has helped create a buyer’s market for many job seekers while, at the same time, providing the agility businesses need to stay competitive. In an era where more value is being placed on workplace autonomy and flexibility, the gig economy is becoming the new normal. They’re all buzzwords that attest to the changing tide of the modern workforce.
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