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What % of gig employees earn greater than half of their earnings from gig actions?

whysavetoday by whysavetoday
June 24, 2025
in financial News
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What % of gig employees earn greater than half of their earnings from gig actions?
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About 1 in 5 Individuals do gig work, together with promoting gadgets, providing leases, or short-term duties. Of these gig employees, what number of say it is their essential job?

Reply: 21% of gig employees reported it was their essential job.

A man driving a car for a ride service app with his phone mounted on the dash of his car to use as GPS. 

Questions:

  • What are some potential advantages of gig work?
  • Revenue from gig work tends to fluctuate month-to-month. How may that affect somebody’s finances, financial savings, or future plans?
  • Would you contemplate gig work? Why or why not?

 

Click on right here for the ready-to-go slides for this Query of the Day you should use in your classroom.

 

Behind the numbers (Federal Reserve):

“Gig actions weren’t usually full-time jobs. Ninety-six % of people that did gig actions stated they often spent lower than 35 hours per week doing them and 70 % spent lower than 5 hours per week on them.

Moreover, comparatively few individuals who did gig actions thought of them to be their essential job. Within the survey folks reply questions on conventional employment that they did for “pay or revenue” earlier than they’re requested about gig actions. Solely 21 % of people that did these actions reported gig actions as their essential job.”

 

—————

Play The Uber Sport along with your college students to see if they will make it within the gig financial system!

 

About
the Creator

Kathryn Dawson

Kathryn (she/her) is happy to hitch the NGPF group after 9 years of expertise in training as a mentor, tutor, and particular training instructor. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in training from Brooklyn School. Kathryn is wanting ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood together with her canine, or lounging in a hammock with a e-book.


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