World Bank Report Highlights Rapid Growth and Concerns in Online Gig Work


👩‍💻 World Bank Report Highlights Rapid Growth and Concerns in Online Gig Work.

A World Bank report highlights the global growth of online gig work, especially in developing countries, where it provides a vital source of employment for women and young individuals in regions with limited job opportunities. The report estimates that there are approximately 435 million online gig workers globally, with a 41% increase in demand between 2016 and Q1 2023. However, concerns arise regarding the lack of strong worker protections in the gig economy, characterized by job insecurity and limited employment rights. The report emphasizes the importance of developing better job conditions and social protections for gig workers, especially in low-income countries where the informal sector dominates. In the United States, gig workers remain a significant part of the workforce, with ongoing debates about their rights and classifications.

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