Uber, Lyft, Task Rabbit, Fiverr, Upwork and the list goes on of the several companies popping up daily in hopes of becoming a power player in the newest shift of the American job market, the gig economy.
First introduced in the early 2000s, the gig economy consists of temporary positions and contracts with freelance workers who are only subjected to work for a short period of time. Fiverr, one of the power players in the gig economy that allows users to buy and sell creative services for $5.00 explains that their gig economy is a network for the lean entrepreneur (better known as an entrepreneur who has a big budget dream with little budget money).
According to a study conducted by Intuit, by 2020 approximately 40 percent of American workers will be a part of the growing gig economy. This can be mainly attributed to the growing number of jobs that can be done anywhere a computer is located. This gives employees a variety of different jobs and projects from across the world to choose from while also giving employers a larger pool of candidates to select without being confined to one location.
Why The Gig Economy and Why Now?
The gig economy couldn’t come at a better time especially for the United States Secretary of Treasury, Steven Mnuchin who recently echoed the words of President Trump notating that the unemployment statistics that are being reported are inaccurate. The unemployment rate over the last several years has actually increased; however, the Bureau of Labor Statistics unemployment statistics only take into consideration individuals who do not have a job and have actively looked for a job within the past four weeks of losing one. It does not include those who have given up on their job search entirely.
Because of this estimated 20% unemployment rate, the gig economy is becoming more important now than ever to families who have looked to make a little extra money while they are waiting for a full time job to give them a call. It has become the saving grace for families across the country who at one point would have resorted to government assistance but now have an option of making quick cash legally.
Additionally, the gig economy has helped businesses save thousands of dollars in resources by allowing companies to decrease office space and eliminate the need for training. This also gives companies the ability to work with subject matter experts on a contractual basis who may otherwise be too expensive to hire full time. The gig economy allows the freelancer to gain work life balance while allowing the employer the chance to not have to worry about constantly hiring and rehiring millennial workers who’s average job life span is no longer than 3 years.
The Biggest Winners and Losers in The Gig Economy
When it comes to the biggest winners and losers in the gig economy, the answer is pretty clear cut. If you are an employee who has a skill set or expertise in an area that is in demand you’re guaranteed to survive this transition from a traditional 9-5 to a freelance lifestyle. These workers have skill sets that include technical, management, leadership or creative abilities.
Those who have entrepreneurial spirits also win big. The gig economy is designed for hustlers to thrive. Workers who sit back and wait for opportunity to come to them will easily be weeded out of the equation while workers who are go getters and willing to go the extra mile to increase their income streams will thrive on multiple levels.
How To Thrive in The Gig Economy?
So you want to know how you can thrive in the gig economy? It’s quite simple. Be persistent and be willing to evolve. The more you evolve as a worker, the more opportunities you will inevitably open yourself up to and you will begin to see the possibilities will be endless. For several centuries it has been embedded into our brains that the only way we can be successful in careers is by obtaining a certain level of education and experience; however, in this new gig economy education means nothing but skill set means everything.
How do you think the gig economy will impact your America? Leave your comments below.
89 thoughts on “Could The Gig Economy Signify the End of 9-5 As We Know It?”
Good post. I learn something new and challenging on websites I stumbleupon on a
daily basis. It will always be exciting to read content from other writers and practice a little something from other sites.
Howdy! I know this is kind of off topic but I was wondering which blog platform are you using
for this website? I’m getting tired of WordPress
because I’ve had issues with hackers and I’m looking at options for another platform.
I would be fantastic if you could point me in the direction of a good platform.
I’m not that much of a internet reader to be honest but your
sites really nice, keep it up! I’ll go ahead
and bookmark your website to come back later. All the
I got this site from my friend who told me on the topic of this web site and now this time
I am visiting this website and reading very informative articles at this
I’m gone to inform my little brother, that he should also visit this
website on regular basis to get updated from newest news.
A person necessarily help to make significantly articles I’d state.
This is the very first time I frequented your web page and so far?
I surprised with the research you made to create this particular put up extraordinary.
Mｙ brοther recߋmmended I might like this website.
He was entirely riɡһt. This post truly made my day.
You cann’t imagine ѕimkplʏ һow much time I had spent for this information! Ꭲhanks!
When someone writes an post he/she retains the image of a user in his/her brain that how
a user can be aware of it. Therefore that’s why this paragraph is great.
I’m not sure where you’re getting your info,
but great topic. I needs to spend some time learning more or understanding more.
Thanks for magnificent information I was looking for this info for my mission.
Hello, just wanted to say, I loved this article. It was funny.
Keep on posting!
This article presents clear idea in support of the new people of blogging, that
really how to do blogging.
If you wish for to grow your know-how simply keep
visiting this web page and be updated with the hottest news update posted here.
Excellent beat ! I wish to apprentice while you amend your site, how can i subscribe for a blog website?
The account helped me a acceptable deal. I had been tiny bit acquainted of this your
broadcast offered bright clear concept
I do not know if it’s just me or if perhaps everybody else encountering issues with your blog.
It seems like some of the written text in your
posts are running off the screen. Can somebody else please comment
and let me know if this is happening to them as well?
This could be a issue with my web browser because I’ve had
this happen before. Thank you
I have been surfing online more than 3 hours today, yet I
never found any interesting article like yours.
It’s pretty worth enough for me. In my opinion, if all web owners and bloggers
made good content as you did, the internet will be a lot
more useful than ever before.
Touche. Sound arguments. Keep up the amazing effort.
Nice blog here! Also your web site loads up very fast!
What web host are you using? Can I get your affiliate link to your host?
I wish my web site loaded up as quickly as yours lol
There is definately a great deal to know about this issue.
I really like all the points you made.
I think that everything published made a ton of
sense. However, what about this? what if you were to write a awesome headline?
I ain’t saying your information is not solid., however
suppose you added a headline that grabbed people’s attention? I mean Could The Gig Economy Signify the End of 9-5 As We Know It?
| is a little plain. You could look at Yahoo’s front page
and note how they create news titles to get viewers to click.
You might add a related video or a related picture or two to grab readers interested about everything’ve
written. In my opinion, it could make your posts a little livelier.
Hey there! I understand this is kind of off-topic however
I needed to ask. Does operating a well-established website like yours take a lot of work?
I am brand new to running a blog but I do write in my journal everyday.
I’d like to start a blog so I can share my personal experience
and feelings online. Please let me know if you have any
recommendations or tips for brand new aspiring blog
owners. Appreciate it!
Your style is very unique compared to other people I’ve read stuff from.
Thank you for posting when you’ve got the opportunity, Guess
I’ll just bookmark this site.
Hi there everybody, here every person is sharing
such familiarity, thus it’s pleasant to read this web site, and I used to pay a visit this webpage every day.
Thanks in favor of sharing such a pleasant thought, article is fastidious, thats why i have
read it entirely
It’s a pity you don’t have a donate button! I’d certainly donate to
this fantastic blog! I guess for now i’ll settle for book-marking and adding your RSS feed to my Google
account. I look forward to brand new updates and will share
this website with my Facebook group. Chat soon!
I am curious to find out what blog platform you happen to be
using? I’m experiencing some small security issues with my latest blog and I’d like to find something more secure.
Do you have any recommendations?
Yes! Finally someone writes about website.
Hello! I know this is kind of off topic but I was wondering which blog platform are you using for
this site? I’m getting tired of WordPress because I’ve had issues
with hackers and I’m looking at options for another
platform. I would be awesome if you could point me in the direction of a good platform.
It’s hard to come by knowledgeable people about this topic, however, you sound like
you know what you’re talking about! Thanks
Hmm it seems like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what
I wrote and say, I’m thoroughly enjoying your blog.
I as well am an aspiring blog writer but I’m still new to everything.
Do you have any points for inexperienced blog writers?
I’d really appreciate it.
Unquestionably believe that which you said.
Your favorite justification seemed to be on the net the easiest thing to be aware of.
I say to you, I definitely get annoyed while people
think about worries that they plainly do not know about.
You managed to hit the nail upon the top and defined out the whole thing
without having side effect , people could take
a signal. Will likely be back to get more. Thanks
I am genuinely delighted to glance at this webpage posts
which includes plenty of useful information, thanks for
providing these kinds of statistics.
Hi! Quick question that’s completely off topic. Do you know how to make your
site mobile friendly? My web site looks weird when browsing from my iphone.
I’m trying to find a template or plugin that might be able to correct this issue.
If you have any suggestions, please share. Thank you!
I’ve been browsing online more than 3 hours today, yet I never found any interesting article like yours.
It is pretty worth enough for me. In my opinion, if all website
owners and bloggers made good content as you did, the internet will be a lot more useful than ever before.
This article presents clear idea in favor of the new visitors of blogging, that
in fact how to do blogging.
Very rapidly this website will be famous amid all
blog people, due to it’s fastidious articles
I’ve read several just right stuff here. Definitely value bookmarking for revisiting.
I surprise how much attempt you put to make this sort of magnificent informative site.
Why users still make use of to read news papers when in this
technological world the whole thing is presented on net?
whoah this blog is great i really like reading your posts.
Keep up the good work! You realize, lots of individuals are searching round for this
information, you can aid them greatly.
Pretty! This was a really wonderful article. Many thanks for providing these
Now I am ready to do my breakfast, when having my breakfast coming yet again to read further news.
Helpful info. Lucky me I discovered your site by accident, and
I am surprised why this twist of fate did not happened earlier!
I bookmarked it.
Its not my first time to go to see this web site, i am browsing this
web page dailly and obtain pleasant data from here all
Hey there just wanted to give you a brief heads up and let you know a few of
the images aren’t loading correctly. I’m not sure why
but I think its a linking issue. I’ve tried it in two different web browsers and both show the same results.
Hurrah! In the end I got a webpage from where I be
able to actually obtain valuable information concerning my study and knowledge.
Fantastic beat ! I wish to apprentice even as you amend your website,
how could i subscribe for a blog site? The account
aided me a acceptable deal. I had been a little bit familiar
of this your broadcast provided bright clear concept
If you want to obtain much from this piece of writing then you have
to apply these methods to your won blog.
I pay a quick visit day-to-day a few blogs and sites to read posts,
however this weblog gives quality based posts.
Unquestionably believe that that you said.
Your favorite justification seemed to be on the web the simplest thing to
remember of. I say to you, I certainly get irked
even as folks think about concerns that they plainly
don’t understand about. You managed to hit the nail upon the highest and also outlined out the whole thing without having
side-effects , folks can take a signal. Will probably be
back to get more. Thank you
I do not even know how I ended up here, but I thought this post was great.
I do not know who you are but definitely you are going
to a famous blogger if you are not already 😉 Cheers!
I really like reading a post that will make people think. Also, thank you for
allowing for me to comment!
I was curious if you ever considered changing the structure of your site?
Its very well written; I love what youve got to say.
But maybe you could a little more in the way of content so
people could connect with it better. Youve got an awful lot of text for only having 1 or two pictures.
Maybe you could space it out better?
This design is spectacular! You definitely know how to keep a reader amused.
Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job.
I really loved what you had to say, and more than that,
how you presented it. Too cool!
Thanks on your marvelous posting! I genuinely enjoyed reading it, you happen to be a great author.
I will be sure to bookmark your blog and will often come back in the future.
I want to encourage continue your great posts, have a nice afternoon!
If you are going for best contents like me, just visit
this web page all the time since it offers quality contents,
Hi, I think your blog might be having browser compatibility issues.
When I look at your blog site in Firefox, it looks fine but when opening in Internet Explorer, it
has some overlapping. I just wanted to give you a quick heads up!
Other then that, very good blog!
This is a topic that’s close to my heart… Take care!
Where are your contact details though?
It’s very simple to find out any matter on net as compared to textbooks, as I
found this post at this web site.
Thanks for the marvelous posting! I really enjoyed reading it, you’re a great author.I will
make certain to bookmark your blog and will often come back at some point.
I want to encourage yourself to continue your great job, have
a nice day!
Ahaa, its pleasant discussion regarding this
article here at this web site, I have read all that, so now me also commenting here.
Hey there! I simply would like to offer you a big thumbs up for the great information you
have got here on this post. I’ll be coming back to your website for more
This article gives clear idea in support of the new visitors of blogging,
that really how to do blogging and site-building.
always i used to read smaller articles or reviews which also
clear their motive, and that is also happening with this article
which I am reading at this time.
You ought to be a part of a contest for one of the most useful blogs on the web.
I will recommend this blog!
Hey there! Someone in my Facebook group shared this website
with us so I came to look it over. I’m definitely enjoying the information. I’m book-marking
and will be tweeting this to my followers! Great blog and
amazing style and design.
Hey there I am so happy I found your web site, I really found you by mistake,
while I was looking on Askjeeve for something else, Anyhow
I am here now and would just like to say cheers for a incredible
post and a all round enjoyable blog (I also love the theme/design), I don’t have
time to go through it all at the moment but I have bookmarked it and also added your RSS feeds, so
when I have time I will be back to read a lot more, Please do keep up the excellent work.
As the admin of this website is working, no uncertainty very quickly it will be renowned, due to
its feature contents.
Hi just wanted to give you a brief heads
up and let you know a few of the images aren’t loading
correctly. I’m not sure why but I think its a linking issue.
I’ve tried it in two different browsers and both show the same outcome.
Do you mind if I quote a couple of your posts as long as I provide
credit and sources back to your website?
My blog is in the exact same niche as yours and my visitors would really benefit
from some of the information you present here. Please let me know if
this ok with you. Regards!
Hello, just wanted to mention, I enjoyed this post.
It was helpful. Keep on posting!
What’s up i am kavin, its my first time to commenting anywhere,
when i read this piece of writing i thought i could also create comment due to this sensible article.
Can I simply just say what a relief to find someone that actually understands what they’re discussing over the internet.
You certainly understand how to bring a problem to light and
make it important. A lot more people should read this
and understand this side of your story. It’s surprising you’re
not more popular given that you most certainly possess the gift.
Today, I went to the beach with my children. I found a sea shell and
gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.”
She put the shell to her ear and screamed. There was a hermit crab inside and
it pinched her ear. She never wants to go back! LoL I know
this is completely off topic but I had to tell someone!
Way cool! Some extremely valid points! I appreciate you writing this post and also the
rest of the website is very good.
Do you have any video of that? I’d care to find out more details.
Exceptional post however , I was wanting to know if you could write a litte more on this topic?
I’d be very thankful if you could elaborate a little bit
further. Appreciate it!
I really love your blog.. Excellent colors & theme.
Did you make this site yourself? Please reply back as I’m hoping to create my own site
and would like to know where you got this from or
what the theme is named. Appreciate it!
Everything is very open with a very clear clarification of the issues.
It was truly informative. Your site is extremely helpful.
Many thanks for sharing!
Great post. I was checking constantly this blog and I am impressed!
Very useful info specially the last part 🙂 I care for such information a lot.
I was looking for this certain information for a very long time.
Thank you and best of luck.
Hi, its pleasant post concerning media print, we all understand media is a impressive source of facts.
My brother recommended I might like this web site.
He was entirely right. This post truly made my day.
You can not imagine simply how much time I had
spent for this information! Thanks!
sind hauptsächlich weitgehend entwickelt bis erweitern und laden die fun des Glücksspiels, a willkommen new Beteiligung für
die ageold Spieler.
My partner and I absolutely love your blog and find the
majority of your post’s to be precisely what I’m looking for.
Does one offer guest writers to write content for yourself?
I wouldn’t mind writing a post or elaborating on many of the subjects you write about here.
Again, awesome blog!
Very soon this web site will be famous among all
blog viewers, due to it’s pleasant posts
This text is worth everyone’s attention. When can I
find out more?
My brother recommended I would possibly like this
blog. He used to be entirely right. This post
actually made my day. You cann’t imagine simply how a
lot time I had spent for this information! Thank
After going over a few of the blog articles on your site, I truly appreciate your way of blogging.
I saved as a favorite it to my bookmark website list and will be checking
back in the near future. Please visit my website too and
let me know what you think.
Magnificent items from you, man. I have be aware your
stuff previous to and you’re just extremely fantastic.
I actually like what you’ve got here, certainly like what
you are saying and the way in which by which you say it.
You’re making it entertaining and you still care for to keep it sensible.
I can’t wait to read much more from you. This is really a great website.
I know this web page gives quality depending posts and other stuff, is there any other web
site which provides such information in quality?
Wow that was strange. I just wrote an incredibly long comment but after I clicked
submit my comment didn’t show up. Grrrr… well I’m not writing
all that over again. Anyways, just wanted to say wonderful blog!
Comments are closed.