The COVID pandemic has changed so much about our lives; some for the worse, some for better, and some just different. One of the biggest aspects to change is that of employment.
Many Americans lost their jobs during 2020 and many businesses were forced to make changes to their operations, which naturally led to changes in employee functionality and capacity. The unemployment rate grew to 14% during the height of the pandemic and, due to all of these issues, many people turned to gig work to make ends meet.
In 2020 the gig economy grew by 33% and the number of gig-working Americans jumped by 2 million. That means an expansion rate of 8.25x faster than the overall US economy. Through things like home services, computer services, animal services, automotive services and more, 34% of the American workforce is now engaged in gig work, and projections are that gig work will only keep growing for the foreseeable future.
Source: WageDev.com
