34% of workers want more control over their schedule.
63% of full-time employees have expressed their desire to work independently if given the opportunity.
79% of full-time gig workers say they’re happier working independently than at a traditional job.
69% say gig work is better for their health.
Increasing adoption of digitalization, changing work preferences, and rising inflation are other factors that contribute to the growth of the gig economy.
What are the challenges in the gig economy?
45% of full-time gig workers have a high Economic Anxiety Index score. 
54% of gig workers don’t have access to employer-based benefits.
Unexpected expenses of $1000 are difficult to pay for 80% of full-time freelancers.
63% of full-time gig workers withdraw funds from their savings at least once per month.
60% of gig workers don’t have alternative employment because they don’t want or need one.
Only 40% of employees have employer-based coverage for health insurance.
What Is the Future of the Gig Economy?
According to the World Economic Forum, between 2023 and 2027, over 75% of organizations will adopt technologies such as big data, cloud computing, AI, and digital platforms. 
Gig workers need to update their skills to survive in the tech-integrated markets.
50.9% of the total U.S. workforce will be gig workers by 2027. 
There was a 27% increase in the number of freelancers who made over $100k+ in 2022. 
Blended teams are more common in today’s workplace. Freelancers may find themselves working alongside full-time employees more often in the near future.
FAQs About Gig Economy
What are some examples of gig work?
Driving for a ride-sharing service like Uber or Lyft
Delivering food (e.g., DoorDash, Uber Eats)
Providing customer service through Upwork and Fiverr
Writing or editing content through platforms like Upwork, Textbroker or Freelancer.com
Designing or developing websites or apps (e.g., 99designs, Toptal)
What are the benefits of gig work?
Flexibility: Gig workers can set their own hours and work as much or as little as they want.
Autonomy: Gig workers are their own bosses and can choose the projects they want to work on.
Variety: Gig work can offer different tasks and projects, which can help keep workers engaged.
Potential for higher earnings: Gig workers can potentially earn more money than they would in a traditional job.
What are the challenges of gig work?
Irregular income: Income can fluctuate from month to month.
Lack of benefits: Gig workers typically do not receive benefits such as health insurance, paid time off, or retirement contributions.
Limited job security: Gig workers can be easily replaced if they do not meet the expectations of their clients.
Competition: Gig workers often face competition from other workers for projects.
Is the gig economy growing?
Yes, the gig economy is growing rapidly.
In the United States, it is estimated that there are over 57 million gig workers, accounting for 36% of the workforce.
What are the implications of the gig economy for the future of work?
The gig economy might have a significant impact on the future of work.
As more and more people turn to gig work, the traditional employer-employee relationship is likely to change.
Employers might rely more on gig workers to meet their staffing needs. This could lead to a more flexible and fluid workforce.
The gig economy offers individuals flexibility, autonomy, and the potential to earn a living from their skills and talents. However, it also presents challenges such as irregular income, a lack of benefits, and limited job security.
As the gig economy continues to grow, it is important to know the latest statistics and trends. This will help policymakers develop new frameworks to ensure that gig workers have access to the same benefits as traditional employees.
Check out our website for more statistics on the latest topics.
Martin is the CEO and Co-founder of Jobera.com, a global remote career advice platform. As a Career and Job Search Expert, he is dedicated to helping job seekers worldwide develop skills, find career opportunities, and land jobs efficiently. Martin shares his expertise by guiding individuals toward professional success and fulfillment.