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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 ...
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.
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).
Apr 21, 2020 · The AppJobs Institute, which conducts research on the gig economy, said the coronavirus pandemic has caused an increase in global demand for jobs such as delivery, online surveys and market research. It said: “This increase came at the same time that the pandemic demanded more people to self-isolate.”
Oct 1, 2021 · A core component of the gig economy involves door-to-door deliveries and Spanish courier company Koiki realised they could boost eco-friendly job opportunities for people at risk of social exclusion, like migrants or homeless people. Koiki provides the technology, training and parcels for delivery people who are hired by partner charities or ...
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 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 ...
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 ...
Aug 15, 2022 · The gender pay gap is far worse for women who freelance than for those in full-time employment, a US study shows. Men working in some sectors of the gig economy charge an average of 48% more than women. Accounting and consulting is the sector with the widest pay gap for freelancers. Unequal pay contributes to gender disparities which will take ...
Jun 15, 2020 · In 2018, the total volume of global cross-border trade in services was valued at $5.8 trillion USD, one quarter of the value of total exports and 7% of world GDP. The total value of the global gig economy was estimated to be $ 204 billion USD that same year. From 2005 to third quarter of 2019, global trade in services has increased by 20%.
