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American gig workers’ earnings total $1.4 trillion: index

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Collective annual earnings of American gig workers total $1.4 trillion, and 59% use digital marketplaces to find new opportunities, according to the Gig Economy Index released today by PYMNTS and Hyperwallet.

Those aged 18 to 34 rely on digital marketplaces the most, with the arts, design, entertainment, sports and media space being the most prevalent. More than 55% of gig workers rely on a single entity to help them find gigs, and nearly half are very or extremely satisfied with the service. Research respondents listed real-time client identification as the most important benefit of using a digital marketplace such as Upwork

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