Gig work is getting less profitable

Submitted by pmassetti on Mon, 12/11/2023 - 15:35
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businessinsider.com (10.12.2023) Americans are flocking to the gig economy for extra cash — but it's not working out for all of them. While it's unclear how many people work as delivery drivers, babysitters, resellers, freelance writers, or one of many other gig jobs, experts told Business Insider that the number is growing — and that there's no sign of it slowing down. While these workers are likely happy to have extra income in their bank accounts, the gig economy might not be the solution to people's finances that some think it is. That's because gig work can come with unpredictable pay that's at the mercy of customer demand, worker supply, and secretive company algorithms.

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