11/9/2022 0 Comments Gigeconomy online statistics
Gig-based freelancers contribute approximately £20 billion to the British economy each year. How much do gig workers contribute to the economy? Using Compound Annual Growth Rate (CAGR), some calculations put the UK’s gig economy at 14.86 million workers by 2026. The above graphic focuses on those that would work ‘regularly’ in the economy, not those who have ever performed gig work. *Based on historic population and 2022 demographic projection figures from the Office for National Statistics. If the gig economy, and UK employment figures, continued at this sustained level of growth, estimations, based on Government figures, would put 7.25 million people in gig work in 2022. “An estimated 7.25 million people will be working in the gig economy by the end of 2022” Historic data shows that this number sat at 4.7 million people in 2019, more than double the size of 2.4 million from 2016. Since data collection began in 2016, studies show that around 9.33 million people have performed gig economy work at some point, however, this is not in a regular manner, and could include those who worked just once to try it out. Latest official figures from think tanks and industry bodies state that there was an estimated 6.07 million people working regularly (at least once a week) in the gig economy in 2021, amounting to approximately 14.7% of the working population. People performing gigs full-time and those doing it in their spare time to supplement their income.Persons providing services directly to customers, who are either freelancers or one-person businesses.Casual, part-time and full-time workers who decide when they work for their chosen companies or apps.The most common setups for people providing these gigs are : #Gigeconomy online statistics manual#Manual workers providing labour to individuals or businesses on construction jobs.Remote Digital freelancers providing services like copywriting, graphic design and web development through freelance marketplace sites like Fiverr and PeoplePerHour.Cyclists delivering takeaway meals to households via delivery apps such as Deliveroo and JustEat. #Gigeconomy online statistics drivers#
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