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
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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