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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

Globalisation 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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