Everything You Need to Know About the Gig Economy [Infographic]

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gig economy

What exactly is the “gig economy”? How will those young professionals just entering the workforce fully leverage this growing income opportunity?

Today’s job market is dramatically different than it was just a short time ago. We’re now living in a gig economy – where one- to five-year stints are the norm. Just as important, people now need to plan their careers around a market that’s becoming more focused on skills rather than employment. This shift will create a market far more friendly to a freelance mindset.

In fact, the gig economy will “employ” more freelancers than traditional workers. Already, 1 in 3 U.S. workers have taken on some form of gig work.

Just getting started in the world of work? Not sure how to take full advantage of gig work? There’s a lot you need to know…

Understanding the Gig Economy

What, exactly, is a “gig” economy and how did we get here? These are important questions when trying to navigate the current job market. But perhaps a more important questions is: What does a gig-based economy mean to you and your career? All of these questions are answered in this infographic from Gigworker.

The information below covers everything you need to know, from the history of gig work to the business rationale behind this unprecedented shift in the way we sell our skills. It also, however, contains valuable information about how this shift affects you:

  • How will gig work affect your field of expertise?
  • Should you pursue gig work full time or as a side venture?
  • Exactly what are the benefits of freelancing?
  • More importantly, what are your rights as a freelancer?

You have a lot of questions. But don’t worry, the answers are below.

So, before you go job hunting in search of your next gig, just remember… the times, they are a changin’.

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