57 million people work as independent contractors today, and that number could hit 50% of the U.S. workforce by 2027. Millennials are more likely to see gig work as secure compared to traditional jobs, shifting how companies find workers.
The world is changing now. We're going towards what's called a gig economy. Some of you are mad, don't bring up big words. First of all, get over it. Gig is not a big word, it's 3 letters, okay? But what that basically means is you don't have a job, you're a 1099. That's what a gig is. We're a part of the gig economy. Is this a big deal? All right. So 57 million people are now working in the gig economy, and in the year 2027, It's gonna be 50% of the country. You know what that means? 90 million people extra, more, in addition to, in the next 3 years are going to have a side hustle. The only question is where. The only question is with who and through who. Check this out. Independent contractor is where it's at now. They're saying that millennials, 26% believe that the gig economy is more secure than conventional work.
