The Gig Economy Outpaced the Whole Economy in 2020

Posted on by candacemoody

According to a recent infographic published by Wage, developer of a gig marketplace app, the gig economy grew by 33 percent, expanding 8.25 times faster than the U.S. economy as a whole in 2020.

The stats below illustrate the overall size of the gig economy:

  • 57.3 million people freelance in the U.S. It’s estimated that by 2027 there will be 86.5 million freelancers. (Upwork)
  • 36% of U.S. workers participate in the gig economy through either their primary or secondary jobs. (Gallup)
  • For 44% of gig workers, their work in the gig economy is their primary source of income. (Edison Research)

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Published by candacemoody

Candace’s background includes Human Resources, recruiting, training and assessment. She spent several years with a national staffing company, serving employers on both coasts. Her writing on business, career and employment issues has appeared in the Florida Times Union, the Jacksonville Business Journal, the Atlanta Journal Constitution and 904 Magazine, as well as several national publications and websites. Candace is often quoted in the media on local labor market and employment issues.

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