5 / 66
70%
of millennials might
reject traditional
employment/business
and choose to work
independently
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. . . . .
Well, maybe not everyone. Gig workers do
lack healthcare benefits and job security, and
a small percentage would prefer a traditional
job, but haven’t found the right role. However,
even with these drawbacks, 40% of the
workforce will be freelancers, independent
contractors and ‘solopreneurs’ by 2020. This
statistic alone speaks volumes about the
impact the gig economy is sure to have on the
workplace of the future.
The gig economy is here to stay
Globalization of work, global trade and
technology shifts, like the rise of smartphones,
are huge contributors to the gig economy –
and these trends aren’t going away anytime
soon. In fact, by 2020, 80% of the world’s
population will own a smartphone according
to The Economist. And with more data being
created in the past three years than in the
entire previous history of the human race, it’s
pretty clear the gig economy is here to stay.
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