The Growing Impact of Contingent Labor
If you think of the folks who drive for Uber, deliver your groceries and show up on your doorstep with pizza when you think of gig workers, then it is time for you to think again. All of those workers would definitely be considered part of today’s contingent workforce, but so would a growing number of professionals in the field of IT support, project management, digital marketing and other industries.
- IT support
- Accounting and bookkeeping
- Customer service
- Digital marketing
- Human resources
The Growing Number of Gig Workers
The coronavirus pandemic seems to have accelerated the freelancing trend. “In 2020, 2 million workers joined the freelance economy, raising the percentage of American workers engaged in freelancing full time by 8% to a total of 36%,” Stahl says. The freelance sector has grown to generate $1.2 trillion in income annually.”
Yes, that is “trillion” with a T!
The impressive growth of the contingent workforce isn’t due entirely to Covid-19. “Younger generations of workers are also more likely to participate in the freelance economy, with 50% of Gen-Z and 44% of Millennials working freelance. With more new college grads entering the job market, we will only see even more freelancers,” Stahl says.
The flexibility that gig workers enjoy is one of the benefits most often cited by those thinking of joining the contingent workforce. Some who dive into freelancing for that reason may be surprised to discover that their schedules are often dictated by their clients needs, not their own whims.
That may be especially true when it comes to IT specialists and those working in tech support. If you are looking for reliable IT support professionals to help keep your business running smoothly, contact us!