The Gig Economy Is Growing and Why The Tech Industry Is Loving It
60% of the US workforce will be independent by 2027.
There is no doubt that Covid-19 has caused havoc on the global economy as well as many industries. Many companies have suffered from challenges presented, and for many employees, it meant they were either let go or received reduced hours of work.
However, for tech companies, many have found solace that much of their operations can be run remotely. Companies like Amazon and Zoom have seen their growth skyrocket in 2020, while others like Microsoft remained stable throughout the year.
With unemployment soaring, however, many have sought external work, especially within the gig economy.
Let’s quickly define what a gig is
Gig work defined today means any temporary job that could range from basic delivery to complicated application development. For those with more technical skills, you could call them a freelancer or even a consultant.
These independent workers are scattered globally and utilized by the biggest tech companies in the valley, including Uber, Airbnb, and even Google. Many of these companies worth billions today were built by a workforce of temporary workers littered across the world.
