To illustrate, in 2018, the United States gig economy generated $204 billion (USD) in gross volume and was projected to grow to reach $455 billion by 2023.
The gig economy is expanding rapidly, driven by the proliferation of digital labor platforms and the increasing preference for flexible work arrangements. To illustrate, in 2018, the United States gig economy generated $204 billion (USD) in gross volume and was projected to grow to reach $455 billion by 2023. In addition, multiple surveys of the national workforce have indicated that, in the U.S. alone, at least one-quarter and nearly one-third of workers participate in the gig economy and independent work arrangements.