2nd Part

The Rise of the Gig Economy & Freelancing

The gig economy is a labor market that relies heavily on temporary or part-time positions and independent contractors instead of full-time employees. This is a significant shift from traditional work models. Freelancing, which is a major part of the gig economy, allows individuals to work on a project-by-project basis for various clients, offering flexibility and autonomy.

This trend is driven by several factors:

Technology: Platforms and apps make it easier for freelancers to connect with clients.

Flexibility: Many people prefer the freedom to choose their projects, set their own hours, and work from anywhere.

Changing priorities: The younger workforce often values work-life balance and personal growth over a traditional career path.