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May 26, 2021 · The gig economy uses digital platforms to connect freelancers with customers to provide short-term services or asset-sharing. Examples include ride-hailing apps, food delivery apps, and holiday rental apps. It’s a growing segment, bringing economic benefits of productivity and employment. But it also raises questions about levels of consumer ...
Apr 21, 2020 · Gig workers are among the hardest hit economically by the coronavirus pandemic, according to a new survey. AppJobs – an online platform to compare app-based jobs around the world – said many have had to quit their gig jobs due to a decrease in demand, as well as their own safety concerns. Almost 70% of gig workers said they now have no ...
Nov 1, 2019 · First, that it’s big. In 2019, roughly one-in-10 workers in the UK earns a living in the gig economy. In the US, the equivalent figure is an estimated 8%. Earlier this year, there was a pan-African survey that showed that 1.3% of adult Africans now earn money from gig economy platforms (the online companies that provide the work).
Nov 21, 2022 · For many, the gig economy is not a helpful side hustle but a vital source of income. In the United States, 26% of independent workers say they take on this additional work to support "basic family needs." In the United Kingdom, almost a quarter of those providing courier services earn 90% of their total income through the gig economy.
Oct 1, 2021 · Gig work offers flexibility and boomed during the pandemic; however, some have complained about low wages with few benefits. Digital labour platforms have increased five-fold in 10 years. New businesses are combatting the associated problems by using the gig model to pay fairer wages and increase sustainability.
Feb 7, 2023 · The European Union (EU) has approved draft labour rules to recognize the employee rights of gig workers, Context reports. The proposals acknowledge the often informal nature of roles undertaken by gig workers on digital platforms, from food delivery drivers to microworkers. In future, the onus will be on digital platforms to show that workers ...
Jan 16, 2019 · The gig economy offers tremendous flexibility for workers and companies, but it also comes with a host of unknown factors for both parties. A new study co-authored by Wharton professor of operations, information and decisions Gad Allon looks at how drivers for a ride-hailing firm make labor decisions – when to work, and for how long – and ...
Sep 7, 2015 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is ...
Aug 19, 2021 · A study commissioned by Mastercard expects the flexible economy to grow 17.4% annually, representing $455 billion in global activity through the end of 2023. Projected gross volume of the gig economy ($ billions). Image: Mastercard and Kaiser Associates study. In Europe, we found through additional research that around 1 in 10 of the total ...
Sep 1, 2022 · By the end of 2023, the flexible economy is expected to represent $455 billion in global activity, according to Mastercard. But gig economy workers lack the financial safety nets enjoyed by full-time employees. The good news, the company’s Europe President Mark Barnett says, is that “a growing number of the companies that depend on flexible ...
