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The gig economy is composed of corporate entities, workers and consumers. [2] The Internal Revenue Service defines the gig economy as "activity where people earn income providing on-demand work, services or goods", noting that the activity is often facilitated through a digital platform such as a mobile app or website and earnings may be in the form of "cash, property, goods, or virtual ...
Providers (gig workers) engaged by the on-demand company provide the requested service and are compensated for the jobs. [1] [2] In 2019, Queensland University of Technology published a report stating 7% of Australians participate in the gig economy. [3] 10% of the American workforce participated in the gig economy in 2018. [4]
The gig economy is on the rise in the U.S. Statista forecasts that the projected gross volume of the U.S. gig economy will reach $455.2 billion in 2023. If you're thinking about diving into this...
The gig economy runs so strong, some people make livable incomes working part time. The average side gig brings in about $688 per month, according to Self Financial, but the potential for more ...
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
Gig workers float under the radar when it comes to being officially counted by the federal government. The last BLS survey on workers in short-term jobs and alternative working arrangements found ...
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