If you need groceries, services or goods on your schedule without too much legwork than look no further than the Gig economy. Not only can people use these services to save time, they can also help provide them in exchange for income. This industry is expected to exceed $600 billion in 2025. With almost 12% of the global workforce being gig workers, governments around the world are looking to change the job climate for these independent contractors.
Gig work is a great way to supplement income when you are out of work or can’t pick up extra work at your current job. However, there are a few drawbacks to being in this industry. All gig workers for the most part are considered independent contractors, which means no benefits or protections since they aren’t legally employees. Platforms such as Instacart, DoorDash or others use algorithms to manage workers which can be unfair with job assignments or deactivations. But of the biggest issues is how unstable the market is. One day the jobs can pay great whereas the rest of the week has lower wages.
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