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)