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The increasing popularity of gig employment, particularly ridesharing, reflects the shift in consumer spending toward out-of-home services. Recent data shows that this trend has been embraced by Gen X, Millennials and Gen Z, who are increasingly relying on gig work as a primary source of income throughout the year. As more people choose to engage in activities outside their homes, the demand for gig workers will likely continue to grow. Read the full report: bit.ly/4ejudEx

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Ricardo Vargas

Co-Founder and CEO of Cavalry Vanguard

2mo

In my opinion, this phenomenon represents a significant and positive transformation in the labor market. The flexibility of commissioned work is aligned with the needs of the younger generations, who value the freedom to choose schedules and projects. In addition, it responds to the rigidity of traditional jobs. However, the lack of traditional benefits and financial stability can be of concern for those who depend on this income. Despite these challenges, the expansion of contract work suggests a broader change in the global economy. This continuous growth in the demand for autonomous services could lead to a more dynamic and adaptable labor market.

John Symonds DipPFS Cert SMP

Independent Financial Adviser at Talis

2mo

I think the Gig Economy has opened up lots of work availability for people who couldn’t manage a typical 9-5 job due to a number of reasons: childcare, illness, second job etc. The main problem with the gig economy is the large of provision (sick pay) if you cannot work. However, if you factor that in and get suitable income protection if possible then it should be a win-win for the majority of people.

Julian Norton

Full Stack Engineer | Software Developer | Javascript | Python | React | SQL | Front-End & Back-End

2mo

Hopefully it's being used to create enough leverage to where you don't have to do it.

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Is create a plant to other plant and colonies and Thales like lights , air a conditions for and craft alone 

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