Gig workforce to add 9-11 million jobs by 2025 in India, says report
With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday.
The gig economy has been one of the most pivotal economic shifts in a long time and people are choosing gig jobs because it works with their lifestyle, they can choose when and how much they work, or it allows them to earn money between jobs, global job site Indeed said in the report.
According to the report, companies have also started investing in gig work platforms and processes, which indicates how integral they are to the future of jobs growth in India.
A majority of the employers surveyed (58 per cent) estimate the gig workforce to grow to 90-110 lakh, or even exceed this number by 2025, the report revealed.
Gig workers are freelancers or contractors who work independently, typically on a short-term basis for multiple clients.
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