“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” –Steve Jobs
With the emergence of the gig economy, job seekers have a greater chance to pursue work that aligns with their skills and interests, while also getting the flexibility they desire.
The gig economy has grown rapidly in recent years due to increasing demand for work flexibility and reducing stigma attached to gig work, presenting new opportunities for job seekers to explore freelance or short-term contracts instead of traditional employment.
According to the Decoding Jobs 2023 report, it is estimated that the gig workforce in India will increase by over 110 lakh workers by 2025. NITI Aayog’s 2022 report on India’s Booming Gig and Platform Economy also predicts that the gig economy could potentially increase to 2.35 crore workers by 2030.
While gig work can provide individuals with the freedom to work on their own terms, and choose their own hours, it also poses certain challenges. In this article, we’ll explore the opportunities and challenges that job seekers can encounter in the evolving gig economy.