Pros & Cons of the Gig Economy
Pros & Cons of the Gig Economy

By Dyfed Loesche (Statista)

This chart shows selected benefits and downsides of contingent work in the gig economy

A job for life is increasingly becoming hard to get by in many sectors in the advanced economies. A new way of working has emerged, captured in the term gig economy.

In this mode of business companies hire contingent workers, provisional employees who work for the organization on a non-permanent basis. While these workers like the flexibility, they also see significant downsides.

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