How to Adapt to the New Gig Economy

How To Adapt To The New Gig Economy - Gettyimages 1217010597 516835

By 2027, more than half of the United States workforce will be made up of gig workers.

The gig economy, ushered in by the 2009 invention of 4G and the subsequent increase in mobile internet speed, gave birth to companies such as Uber, Airbnb, and Lyft. However, these businesses were just the beginning.

Today, other significant forces have made the gig economy a more flexible, long-term option for workers and businesses alike. These forces have included: “The Great Resignation,” new technologies, and the rise of digital nomads due to the COVID-19 pandemic.

Workers Seeking Flexibility, Businesses Seeking Workers

“The Great Resignation” recently reached an all-time high last spring when the U.S. Bureau of Labor Statistics reported that a record-breaking 4.53 million employees had left their jobs. This mass exodus of employees sent a loud and clear signal to employers that the workforce is due for some changes–chief among them is flexibility.

It is no surprise that employees who are…

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This article was written by Larry Alton and originally published on www.inc.com